Mack-Cali Realty Corp. (CLI) announced that the Patrolmen's Benevolent Association of the City of New York has signed a new 15-year lease for 39,069 square feet at 125 Broad Street in Downtown Manhattan.
Mack-Cali's ownership interests of 524,476 square feet in the building are 100% leased.
The largest union representing uniformed members of the NYPD will house its executive offices at this class A office building. The PBA was represented by Mark Friedman and Annie Yao of FirstService Williams, with legal representation provided by Christine McGuiness of Schiff Hardin LLP. Mack-Cali was represented by Mark Ravesloot, Scott Sloves, and Lisa Cear of CB Richard Ellis.
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