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NYCIRB SIGNS 45,000-SQUARE-FOOT LEASE IN NYC

NEW YORK CITY — The New York Compensation Insurance Rating Board (NYCIRB) has signed a 15-year lease for approximately 45,000 square feet at 733 3rd Ave. in New York City. The tenant will be expanding from its previous offices, which are located at 655 3rd Ave. The Durst Organization is the landlord of both properties and will be marketing the space at 655 3rd Ave., since NYCIRB has 2 years remaining on its lease there. The space at 733 3rd Ave. will be ready for occupancy by the end of the year. James Gross of Williamson Picket Gross represented NYCIRB in lease negotiations. Durst provided in-house representation. Stroock & Stroock & Lavan LLP provided legal representation on behalf of NYCIRB, and Patterson Belknap represented Durst.

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