DOI Signs Major Lease at 180 Maiden Lane

Clarion Partners and MHP Real Estate Services have signed the New York City’s Department of Citywide Administrative Services to a 276,000-square-foot lease, making the department the building's largest tenant.

180 Maiden Lane, New York City
180 Maiden Lane, New York City

A joint venture of MHP Real Estate Services and Clarion Partners has signed a 276,000-square-foot lease with New York City’s Department of Investigation at 180 Maiden Lane, an iconic office asset on Manhattan’s East River waterfront. The tenant will occupy space on the property’s ninth floor, consolidating its operations from five different offices.

The Department of Citywide Administrative Services will be the building’s largest occupier, joining a roster of tenants comprising Connex International, MidVentures, FastMatch, Holborn, National Cargo Bureau and Stroock & Stroock & Lavan LLP, to name a few.

Recent upgrades

Built in 1982, the 41-story 180 Maiden Lane encompasses 1.2 million square feet of office space. The asset was renovated in 2015, Yardi Matrix data shows, and features a newly refurbished atrium plaza with indoor park seating, new conference and fitness center, upgraded locker rooms, a full-service cafeteria, as well as a coffee and juice bar. The Class A office building is also LEED certified.

Neighboring amenities include the East River waterfront, retailers, art galleries, restaurants and other downtown landmarks. Additionally, the property is in close proximity to multiple subway lines, PATH trains and ferry service.  

Fried Frank Partner Meyer Last and Associate Ross Wasserman brokered the lease transaction on behalf of the owners.

Image courtesy of Yardi Matrix