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NEW YORK CITY-Paris-based SCOR US Corp., a reinsurance company, has signed a 10-year extension for its 70,000 sf of offices at Jack Resnick & Sons Inc.’s One Seaport Plaza. The company, which occupies the entire 20th and 21st floors in the 35-story office tower, still had two years remaining on its original lease. The building is 100% leased.

Merrill Roth of Newmark Knight Frank represented SCOR US in the long-term leasing transaction while Dennis Brady, executive managing director of leasing and Jonathan Dean, managing director of Manhattan-based Jack Resnick & Sons, represented the landlord. SCOR has been a tenant at the building for the past 10 years.

Opened in 1984, One Seaport Plaza, which is also known as 199 Water St., contains 1.1 million sf of class-A office space, with full floors of approximately 34,000 rentable sf each. The tenant roster also includes Prudential Financial, AON, Eurobrokers, and US Aviation Underwriters. According to a source close to the deal, asking rent at the building ranges from $60 per sf to $68 per sf. The source notes that the aggregate lease value of the SCOR lease was “in excess of $40 million.”

Jack Resnick & Sons’ portfolio currently includes approximately six million sf of commercial space, including its signature office tower at 110 E. 59th St. It has also developed thousands of luxury residences and continues to own, manage and lease approximately 1,000 rental apartments.

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