80 Pine St. Picture courtesy of Rudin
Vibrant Emotional Well being, a nonprofit psychological well being supplier, will relocate from 50 Broadway within the Monetary District of Manhattan, N.Y., to 80 Pine St., lower than half a mile away. The corporate will totally occupy the 18th and nineteenth flooring of the workplace tower, owned by Rudin Administration Co.
Vibrant signed a 59,550 square-foot-lease for a complete of 15 years. At present, the corporate leases 31,000 sq. ft and plans to relocate to the 1.2 million-square-foot high-rise in mid-2023.
Standing 38 tales tall, 80 Pine St. is present process repositioning. Rudin closed $100 million in refinancing for the constructing in 2021. A brand new amenity middle on the twenty second and twenty third flooring, funded by the refinancing, is ready to incorporate a lounge, cafe, convention house and 4,600-square-foot out of doors deck. Contact-free entry factors, energy-efficient LED lighting, white terrazzo flooring, air filtration know-how and new elevator cabs are all part of the modernization of the constructing, deliberate along with Fogarty Finger Structure.
In-built 1960 by the Rudin household, 80 Pine St. is designed by Emery Roth & Sons. Floorplates vary from 13,000 to 60,000 sq. ft, with personal terrace choices. It takes up one metropolis block between Pearl and Water streets, subsequent to the Seaport District. Retail, restaurant, grocery and leisure choices are inside strolling distance, as is a newly accomplished Pier 17 live performance venue.
The tower offers easy accessibility to Manhattan and the broader New York Metropolis space by the two, 3, 4, 5, J and Z subway traces, the NYC Ferry and the Staten Island Ferry.
In response to CommercialEdge knowledge, 80 Pine St. options first-floor retail house occupied by Chop’t, Starbucks, DIG and Hale and Hearty. The asset has obtained WiredScore Platinum certification and SmartScore Gold Certification for sustainability and person expertise.
CBRE’s Chris Mansfield, Gerry Miovski, Masha Dudelzak and Ali Gordon represented Vibrant. Kevin Daly and Tom Keating represented Rudin in-house within the deal. JLL’s Frank Doyle, Alexander Chudnoff, John Wheeler, Kyle Younger and Eliza Gordon are advertising 80 Pine St.
Current exercise at Rudin’s 80 Pine St.
Vibrant’s signing marks the eighth lease secured by Rudin at 80 Pine St. within the final yr. Throughout this time, some 200,000 sq. ft of renewals, new leases and expansions have been signed within the constructing.
Different new leases signed after the beginning of the capital enchancment and amenity program debuted embody The World Alliance for TB Drug Improvement Inc., New York Property Insurance coverage Underwriting Affiliation, AccuWeather Inc., CureMD, The Nationwide City League, January Digital and Elefterakis.
