May
07

Adecco Establishes Flagship Office in Manhattan

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The company has inked a long-term lease for an entire floor at 1040 Ave. of the Americas. NGKF represented the owner, Skyline Developers, while CBC Advisors acted on behalf of the tenant.

Fortune 500 company Adecco has inked a 10-year lease to occupy 40,000 square feet on the entire 19th floor at 1040 Ave. of the Americas in New York City. NGKF’s Executive Vice President William Cohen, Associate Director Andrew Weisz and JD Cohen arranged the transaction on behalf of the landlord, Garden Homes Development-owned Skyline Developers. CBC Advisors’ Peter Sabesan and Jonathan Bock represented the tenant.

The 24-story, Class B office building comprises 216,932 square feet of office space with 20,000 square feet of retail on the lower floors, Yardi Matrix data shows. The Art Deco structure was erected in 1925 and went through a multimillion dollar storefront and lobby renovation in 2014. Amenities include floorplans ranging from 2,000 to 12,000 square feet, glass storefronts, granite façade and a sleek lobby covered in limestone and stainless steel…

Adecco Establishes Flagship Office in Manhattan

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