New York City Housing Agency Snaps Up 109K SF at 120 Broadway

By Mark Hallum | Commercial Observer

The New York City Housing Development Corporation (HDC) is packing things up at 110 William Street and heading nearby to 120 Broadway.

The city agency signed a lease to relocate to 109,000 square feet across the entire second and third floors of the landmarked 120 Broadway, on which landlord Silverstein Properties spent about $52 million in 2019 to restore the building back to its original condition.

Silverstein officials declined to provide the length of the lease, but said the asking rent was in the low-$60 range.

An HDC official did not immediately respond to a request for comment regarding the reason for the move from 110 William Street to 120 Broadway, where it will share space with startup BarkBox’s parent company, BARK, which took 52,000 square feet in November 2021.

Joseph ArtusaKeith Cody and Harlan Strader represented Silverstein in-house along with Erik HarrisScott Klau and Brian Waterman from NewmarkLance Korman and Kevin Sullivan, also from Newmark, brokered the deal for HDC. Newmark officials declined to comment. 

Mark Hallum can be reached at


NYC landlords luring workers back to offices with pickleball, golf simulators, arcade games and gourmet food READ MORE
YMCA Retirement Fund Signs 26K-SF Lease at 1177 Avenue of the Americas READ MORE
120 Broadway Adds Multiple Leases Totaling 50K SF MORE
A Letter From Lisa Silverstein MORE
Silverstein Properties statement on Israel: MORE
Silverstein Signs 3 Tenants for 40K SF at Downtown LA’s US Bank Tower MORE
Cantor Fitzgerald and Silverstein Properties Announce Joint Venture Partnership with Collins Capital Partners and Kaufman Jacobs MORE
Art in Tribeca: Art at the World Trade Center MORE