New leases signed at NYC downtown and DUMBO, reflecting uptick
Reflecting Downtown’s recent leasing uptick, two relocations totaled over 92,000 square feet at Jack Resnick & Sons’ 199 Water St., aka One Seaport Plaza.
Fintech firm Arch Inc., took 73,581 square feet, moving from 111 East 18th St. in Midtown South in January. Law firm Cohen Milstein Sellers & Toll signed for 18,457 square feet, moving from 88 Pine St. in the second quarter of 2026.
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The year’s largest lease in DUMBO is a long-term renewal on 50,000 square feet by Bjarke Ingels Group (BIG) at Two Trees Management’s landmarked 45 Main St.
As we first reported, the cutting-edge architectural firm is designing the new apartment building for Charney Companies and Tavros at 175 Third St. in Gowanus.
DUMBO has emerged as the Brooklyn epicenter of design and architecture. Two Trees also lured Snohetta from Manhattan to 55 Washington St. earlier this year. The district is also home to Garrison Architects, Brooklyn Studio and to many furniture designers.
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