NYCs office market rebounding from weak February behind jumbo deals

The office market rebounded from a slight February down-tick with a batch of jumbo deals in the first half of March.The largest was at William Equities’ 28 and 40 W.23rd St., where Ramp, a growing financial operations platform, expanded by 153,303 square feet — raising its total at the interconnected buildings to 285,303 square feet.The 575,000 square-foot properties are now 100% leased. Home Depot fills all the retail frontage.Ramp will have a triplex that includes a penthouse level with a private roof deck.

Williams recently completed a newly renovated atrium and communal roof deck.Williams Equities was represented in-house by Michael T.  Cohen and by Colliers’ Andrew Roos, Mac Roos and Jessica Verdi.CBRE’s  Ryan Alexander, Jared Isaacson and Jeff Frenkel acted for the tenant....

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Publisher: New York Post

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