January 21, 2020
The Rudin Family finalized three leases totaling 19,579 square feet at 55 Broad St. Paris-based engineering consultant SYSTRA Consulting completed a 10-year, 14,295-square-foot lease for its U.S. headquarters and will relocate from 520 Eighth Ave.
Rudin also finalized new leases with boutique law firm Schpoont & Cavallo LLP (3,672 square feet), and nonprofit organization Squash and Education Alliance (SEA) (1,612 square feet).
“The tremendous interest and uptick in leasing volume at 55 Broad St. is a key example of the strength of the Lower Manhattan office market, which ended 2019 on a high note and had one of its best quarters to date,” said Michael Rudin, SVP at Rudin Management Company.
SYSTRA was represented by Savills’ Lance Leighton, Evan Margolin and Charles Goldman. Park Avenue International Partners’ Michael Hennessy advised Schpoont & Cavallo. Savills’ Peter Cipriano represented SEA. Rudin Management’s Kevin Daly represented ownership in all three transactions.
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