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Commercial Observer
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Edited by Jotham Sederstrom | Jsederstrom@observer.com

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Wednesday October 16, 2013
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Compass Group USA Leases at 31 Penn Plaza

BY AL BARBARINO

Compass Group USA has signed a 6,800-square-foot, 10-year lease for a portion of the sixth floor at Savanna’s 445,000-square-foot 31 Penn Plaza.

The food service management and support services company serves six million meals a day throughout the U.S and Canada from its vending and coffee machines, restaurants, corporate cafes, schools, arenas, museums, and special events.

To read the full story, click here.

Brodsky Inks Four Tenants at 157 Columbus

BY GUS DELAPORTE

Renovations are paying off at 157 Columbus Avenue, where the Brodsky Organization has recently signed four new tenants to 10-year deals at the Upper West Side office building, The Commercial Observer has learned.

In the largest of the new deals, academic tutoring company Fusion Learning Inc. has signed a 14,319-square-foot lease on the third floor of the building. As reported by The Commercial Observer, the company opened signed its first lease in New York at 450-460 Park Avenue South late last year.

To read the full story, click here.

Famous Footwear Inks Deal at 48-50 West 14th

BY BILLY GRAY

Famous Footwear signed a lease for its second Manhattan outpost, a 7,800-square-foot store at 48-50 West 14th Street, The Commercial Observer has learned.

The block-through Union Square retail site features 50 feet of frontage on 14th Street and 25 feet on 13th Street, next to the New School.

To read the full story, click here.

Midtown Manhattan, Right In My Own Backyard

BY ROBERT SAMMONS

I wonder how many people can say they both live and work on 42nd Street in Manhattan. Well, there is at least one: me.

Crazy, perhaps? Certainly not the work part—I mean, how convenient to work in an office that looks out over Grand Central Terminal, surrounded by shops, restaurants, a CitiBike rack and the ever-present tourists with cameras in hand.

To read the full story, click here.

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