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RECENT CLIENTS Case Studies 
 
We are proud to include among our clients:

A.B.S.olute Productions!
American Retail Group

Banco di Napoli
Barone Offset Printing Corp.
BBC International Ltd.
Benetton
Bergamo Fabrics
Bezos Nathanson Marketing Group
Broehan Design
Cairns & Associates
Communication Equity Associates
Components by John McCoy, Inc.
Concepts of Independence, Inc.
The Consulate General of the Netherlands
C.T. Corporation Systems
Dalton Kent Securities Group, Inc.
Daniels & Associates
Decision Servcom
E H Capital Group L.L.C.
Eric Warner Studio
Esanu Katsky Korins & Siger
Facts on File
Federal Realty Investment Trust
Ferrari/Maserati North America, Inc.
Fredericks Michael & Co.
geoportals.com
Getty Images, Inc. (detailed Case Study)
Godiva Chocolatier (Campbell Soup Company)
The Government of Spain
Greyhound
The Hearst Trade Book Group
The Humanitas Foundation
Integrated Systems and Power
International Brotherhood of Teamsters
International Organization for Migrations
Jeffrey M. Brown Associates, Inc.
Law Offices of John Lawrence Allen
Kendall Tarrant
Worldwide
Kredietbank
Lee Jofa
Legent Corporation
LHC Communications LLC
Lever Brothers
Lieberman Research
Magazine Publishers of America
Manhattan Borough Development Corporation
Millennium Credit Markets LLC
Modell Stores
Morgan Stanley Dean Witter
Museum of Sex

235 East 45th Street

Music Entertainment
National Recording Studios
The Netherlands Chamber of Commerce
The Netherlands Mission to the U.N.
The New York City Fire Department
New York Society of Security Analysts
O'Dwyer & Bernstien
Olympia Partners, LLC
PanGia, LLC
Paramount Communications
Park Avenue Bank
Phillips & Salman
Re:Search
Revlon
Shanley & Fisher
Shearman & Sterling
Smathers & Thompson
Smiley & Smiley, LLP
Smith Ottaiano Architects, P.C.
S.P. Cooper
SPFUL Corporation
Stadtmauer Bailkin LLP
The Fox Group
TSE Cashmere (detailed Case Study)
Tucker Anthony R.L. Day
Unisys
USA Networks Interactive
Volvo North America
Zlokower Company



Case Studies


The following case studies illustrate some of our recent transactions:

American Retail Group

The American Retail Group had under lease 50,000 square feet in 1114 Avenue of the Americas with 3.5 years remaining on the term, and 15,000 square feet in 358-362 Fifth Avenue. They needed 80,000 square feet and wanted to consolidate operations under one roof. We were hired as their exclusive advisor to assist in this project.

Their goal was to reduce their annual occupancy cost while expanding and consolidating the operation. After extensively searching the market, we were able to create contiguous space for them at 1114 Avenue of the Americas, with options for contiguous expansion space, and a substantial rent reduction effective immediately. The American Retail Group thus was able to lease more space, at a lower rental rate than they were obligated to pay under their old lease.



office space broker and tenant rep
Banco di Napoli

This project involved the purchase and renovation by Banco di Napoli of a 22,000 square foot townhouse on 54th Street between Madison and Fifth Avenues for its US Headquarters.

re broker NYC and real estate
Daniels & Associates

This transaction involved the relocation of Daniels & Associates, a media and telecommunications investment banking firm, from 767 Fifth Avenue (GM Building) to 711 Fifth Avenue (Coca Cola Building). With Plymouth Partners' assistance, Daniels agreed to a long-term lease of approximately 10,000 square feet.

commercial real estate and nyc office space broker
Getty Images, Inc.

In 1998, Getty Images retained Plymouth Partners to consolidate and relocate all of its groups into one location. During this search, Getty's space needs grew from 32,000 square feet to 261,000 square feet in a situation that was nicknamed "jigsaw puzzle meets dominoes." At the same time, the vacancy rate for Manhattan office space approached 0%. Against this background, Plymouth Partners was able to secure a home for Getty that met and exceeded all of its requirements - all at a reasonable cost.
go to detailed Getty Images Case Study

manhattan and silicon alley

The Hearst Trade Book Group

Plymouth Partners, Ltd. was retained to evaluate consolidation alternatives for The Hearst Trade Book Group in Manhattan.

After having been located at 105 Madison Avenue for over thirty (30) years, and spread out over five (5) non-contiguous floors in a building that was technologically and functionally insufficient, Plymouth Partners, Ltd. was able to effectuate a transaction at 1350 Avenue of the Americas for approximately 80,000 square feet.

The new lease at 1350 Avenue of the Americas provided The Hearst Trade Book Group with a new state-of-the-art facility in which they were able to consolidate their operations into contiguous space, and achieve a substantial concession package, and base rental rate that is $7.50 per square foot less than what they were paying at 105 Madison Avenue. Additionally, we were able to negotiate for numerous expansion options contiguous to their space.

Plymouth Partners, the leading New York office space broker

The Netherlands Mission to the United Nations

The Netherlands Mission to the United Nations occupied 40,000 square feet in 711 Third Avenue. They needed approximately 60,000 square feet, and did not want to relocate. We were hired as their exclusive advisor to assist in this project. After exploring all opportunities at 711 Third Avenue, The Netherlands Mission to the United Nations decided to relocate to 235 East 45th Street. We negotiated for two (2) years of free rent to offset their remaining obligation at 711 Third Avenue, as well as a rent structure which is fifty (50) percent less than their remaining obligation at 711 Third Avenue.

In addition, we concluded a second transaction, a buyout of The Netherlands Mission to the United Nations' remaining leasehold obligations at 711 Third Avenue.


235 East 45th Street
The New York City Fire Department

The Fire Department of New York evaluated consolidating its operations at one location of approximately 350,000 square feet. Plymouth Partners, Ltd. was retained to determine whether it would be more cost efficient for the Fire Department to remain at its current headquarters at 250 Livingston Street, or to relocate to another location.

After an extensive search and numerous studies, Plymouth Partners, Ltd. was instrumental in moving the Fire Department to 11 MetroTech Center. Not only did the Fire Department move to a much more efficient building but they achieved a significant reduction in its costs.

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