It is not every week that the two biggest commercial real estate deals to close in New York City are separate transactions — one property sale, one refinancing — in the Bronx. But that is where the city finds itself in 2017, when the Bronx is one of the strongest areas of the city for investment.
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101 Greenwich St. in Manhattan’s Financial District
Convene, the on-demand conference space startup, is starting to shed that early stage label, and its latest deal is just another example of that. Convene has signed a 58K SF lease at 101 Greenwich St. in the Financial District, the company’s largest footprint anywhere, where it will also house its headquarters. Convene’s location in the building, owned by Cove Property Group and Bentall Kennedy, will include a coffee shop, conference spaces and two floors of co-working, spanning part of the ground floor and all of the second, third and fourth. Convene will take part of the fourth floor for its headquarters, which it is moving from 366 Madison Ave. JLL’s Mitchell Konsker, Scott Cahaly, Clayton Kline and Kyle Young represented the landlords, and CBRE’s Rocco Laginestra, Jared Freede and Michael Wellen represented Convene.

