GENEVA WATCH GROUP LEASES MANHATTAN OFFICE

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NEW YORK CITY — The Kaufman Organization has arranged a 32,359-square-foot office lease at 1407 Broadway, a 42-story, 1.1 million-square-foot office building located in the Fashion District of Manhattan, New York City, for Geneva Watch Group. The watchmaker will occupy a full floor of the building and will relocate is corporate headquarters here from its previous location in Long Island City, Queens. The office space features a wraparound terrace that runs the length of an entire city block. The price of the lease was not disclosed, but the asking price was $52 per square foot. It carries a 10-year term. Grant Greenspan and Michael Heaner of Kaufman represented the undisclosed landlord. Geneva Watch Group was represented by Steven Kaplan and Jack Wallis of Lansco Corp.

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