SAPIR LEASES 65,000 SQUARE FEET AT 100 CHURCH STREET

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NEW YORK CITY — New York City-based The Sapir Organization has leased 65,000 square feet of office space to Interactive Data Corp. (IDC) within Manhattan’s 100 Church Street building. IDC will initially occupy 51,000 square feet of the tower, followed by 14,000 additional square feet on the 11th floor during the next 5 years. It will relocate 212 employees within its Pricing & Reference Data division to the new office from its current midtown Manhattan offices. IDC plans to take occupancy in November. CB Richard Ellis’ Stephen Siegel, Howard Fiddle, Brad Gerla, Zachary Freeman and Gerry Miovski represented the landlord. Richard Berzine, Robert DeAngelis and Richard Fenn of Richard Berzine & Co. represented the tenant. The 100 Church Street building is a 21-story, 1.12 million-square-foot office tower that was built in 1958 and is currently undergoing a multi-million dollar capital improvements program. Tenants in addition to IDC include Niche Media, Regus HQ, New York City Law Department, New York City Mayor’s Office and CCA.

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