Spiegel of Sunburst Advisors signs two leases: 7,500 s/f

Sunburst Advisors LLC has signed two new leases totaling over 7,500 s/f at 483 Tenth Ave. Jordan Spiegel, CCIM, president of Sunburst Advisors represented the owner, 500 West 37th St. Co. LLC in the leasing to Executive Sports Group, and The National Basketball Retired Players Association. Jamie Jacobs of Newmark Knight Frank represented Executive Sports and Tim Roseboro of Concordis Advisors who represented the National Basketball Retired Players Association. Built in 1890 the building once an owner-occupied building, 483 Tenth has been transformed into a multi-tenanted multi-use building in Hudson Yards. The building has tremendous character with great timber columns, exposed brick, hardwood floors, onsite management and technological updates that attract tenants looking for something different than the typical white box. Prospective tenants also have the ability to expand their occupied space by cutting occupancy costs northward of 25 to 35% per year.