Selldorf Architects will remain at Manhattan’s 860 Broadway for another decade after signing a 13,815-square-foot lease renewal. The agreement extends the internationally recognized architecture firm’s occupancy at the building, where it has operated for roughly 20 years, and underscores continued demand for well-located office space among creative and innovative companies.
Key takeaways
- Selldorf Architects renewed its 13,815-square-foot office lease for 10 years.
- The firm has occupied 860 Broadway for approximately two decades.
- Colliers’ Seth Hecht represented landlord Gordon Property Group.
- Savills represented Selldorf Architects in the transaction.
The renewal reinforces 860 Broadway’s position as a long-term home for prominent businesses in Manhattan’s creative and professional-services sectors. The building’s tenant roster also includes Industrious, Valon and retail brand Uniqlo.
A long-term commitment to 860 Broadway
Led by architect Annabelle Selldorf, Selldorf Architects has maintained its presence at 860 Broadway for about 20 years. The new 10-year agreement provides continuity for the firm while extending its relationship with the property well into the future.
For the landlord, the renewal preserves occupancy by an established tenant with a strong international profile. For Selldorf Architects, remaining in the building avoids the disruption of a relocation while allowing the firm to continue operating from a familiar Manhattan address.
Transaction highlights
Colliers Senior Vice President Seth Hecht arranged the renewal on behalf of Gordon Property Group. Erik Schmall and Scott Weiss of Savills represented Selldorf Architects.
Hecht said the transaction reflects the appeal of 860 Broadway’s location and its relevance to creative and innovative companies. He also characterized the firm’s decision to commit to another decade as a positive signal for the building and the broader office market.
A diverse tenant mix
860 Broadway combines office and retail occupancy, giving the property a varied tenant base. In addition to Selldorf Architects, current occupants include flexible-office provider Industrious and financial technology company Valon, while Uniqlo operates a retail location at the building.
The mix illustrates the property’s ability to attract businesses with different operating models and customer bases. Gordon Property Group is also marketing three other Manhattan office properties with Hecht representing the ownership in those leasing efforts.