Newmark is pleased to announce that it has successfully negotiated a new lease for 44,767 rentable square feet at Brookfield Properties’ One Liberty Plaza on behalf of the tenant, Friedman LLP. The Newmark team included President, New York Tri-State Region David Falk and Executive Managing Director Peter Shimkin. The building owner Brookfield was represented in house by Mikael Nahmias, Jerry Larkin, David McBride and Justin Coulter.
“For over 50 years, Friedman was located in Midtown Manhattan. What attracted them to Lower Manhattan was the 24/7 365-day community that the neighborhood has transformed into,” said Mr. Shimkin. “Friedman selected One Liberty Plaza because it’s the most conveniently located Downtown building with direct access to the new Fulton Street Transit Center and World Trade Center Path Station and is in proximity to some of the best dinning and shopping options in the entire city.”
Operating since 1924, Friedman LLP is a leading accounting and consulting firm headquartered in Manhattan with locations throughout New Jersey, Long Island, Philadelphia, and Beijing. The firm is known as a leader in innovation, offering a sophisticated suite of services designed to empower their clients to achieve critical financial goals. The firm is frequently recognized as a national and regional leader in the accounting industry and as a “Best Place to Work.”
“People are at the heart of everything we do,” said Friedman Co-Managing Partner Fred Berk, “and investing in our employees’ personal and professional well-being is built into the fabric of our firm. Moving our headquarters to One Liberty Plaza in Lower Manhattan will give our employees access to some of the best community amenities in the entire city and access to a major transportation hub.”
“Beyond the neighborhood, we are planning a state-of-the art office that reflects our commitment to our people,” said Friedman Co-Managing Partner Harriet Greenberg. “Boasting open spaces, bright colors, breakout rooms, the latest technology and an 1,800 square foot cafe, the space will be more reminiscent of a tech firm than an accounting firm. It will be an office that people want to come to every day.”
“One Liberty Plaza has become a destination of choice for firms that are re-imagining their workplace,” said Mr. Nahmias, Senior Vice President at Brookfield Properties. “Brookfield is very pleased that Friedman chose our building and downtown Manhattan as the place to realize their vision for the future of their business.”
One Liberty Plaza is a 2.3-million-square-foot office tower prominently located in the heart of the New York City’s financial district at Liberty Street and Broadway. The steel-and-glass tower offers sweeping views of New York Harbor and the five boroughs, while its central location is in walking distance of the South Street Seaport, Brookfield Place, Tribeca and the World Trade Center. Other tenants include the NYC Economic Development Corporation, Aon, Avon and more.
About Brookfield Properties
Brookfield Properties is a premier real estate operating company that provides integrated services across the real estate investment strategies of Brookfield Asset Management (“Brookfield”) - a global alternative asset manager with over $265 billion in AUM.
Brookfield’s global investing expertise and access to large-scale capital, combined with Brookfield Properties’ well-established position as the commercial landlord of choice in many of the world’s most dynamic markets, provides a unique advantage. It also assures premier-quality commercial premises and optimal outcomes for our tenants, business partners and the communities in which we operate.
Our vertically integrated real estate capabilities are established in each of Brookfield’s target sectors and regions around the globe, ensuring that our assets are managed to maximize the tenant experience, with a focus on integrating new real estate technologies that keep us at the forefront of innovation and sustainability.
For more information, visit www.brookfieldproperties.com.
About Friedman LLP
Friedman LLP, headquartered in Manhattan with locations in New Jersey, Long Island, Pennsylvania, and Beijing, has been serving the accounting, tax and business consulting needs of public and private companies since 1924. Our industry-focused practice features concentrated areas of expertise and a thorough understanding of the economic environment. We have the ability to be innovative in our approach, act quickly in our decision-making and be flexible in our delivery of services. Our clients benefit from hands-on contact with our partners, cutting-edge technical expertise and our understanding of their industry and their business. As a mid-size firm, we combine the staff and resources of a large firm with a philosophy of personal responsibility for our clients. Please visit our website to learn more about our practices and service areas: www.friedmanllp.com.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com. Newmark Group is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”) (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark Group undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark Group’s and BGC’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.