{"id":101782,"date":"2026-01-16T00:05:18","date_gmt":"2026-01-16T00:05:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/101782\/"},"modified":"2026-01-16T00:05:18","modified_gmt":"2026-01-16T00:05:18","slug":"watershed-technology-inks-15k-sf-lease-at-440-lafayette-street-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/101782\/","title":{"rendered":"Watershed Technology Inks 15K-SF Lease at 440 Lafayette Street \u2013 Commercial Observer"},"content":{"rendered":"

Watershed Technology<\/a>, a sustainability company that helps organizations manage their climate impacts and reduce emissions, signed a lease for 15,180 square feet at 440 Lafayette Street in Manhattan\u2019s NoHo neighborhood, building owner GFP Real Estate<\/a> announced.\u00a0<\/p>\n

The company will occupy the entire fifth floor of the six-story office building for a period of three and a half years. GFP did not disclose the asking rent. However, the average asking rent for office space in Lower Manhattan was $58.40 per square foot for the fourth quarter of 2025, according to CBRE data.\u00a0<\/p>\n

SEE ALSO: Studio Pilates International Inks Lease for Another Manhattan Location<\/a><\/p>\n

Neith Stone of GFP Real Estate and Newmark<\/a>\u2019s Robert Silver, Anthony Sciacca and Brittany Silver represented the landlord in this deal. CBRE\u2019s Sacha Zarba and Conor Krup represented Wastershed Technology. CBRE did not immediately respond to a request for comment.\u00a0<\/p>\n

\u201cReaching full occupancy across the Lafayette-Astor complex is an important milestone for us,\u201d Stone said in a statement announcing the lease. \u201cBringing three distinct buildings to 100 percent occupancy in today\u2019s market reflects the strength of these assets, the long-term vision for the complex, and the consistency of our leasing and management strategies. Watershed\u2019s lease marks a fitting close to that effort.\u201d<\/p>\n

Wastershed Technology will relocate from its current offices one mile away at 233 Spring Street in February.\u00a0<\/p>\n

440 Lafayette Street sits near the corner of Lafayette Street and Astor Place, four blocks east of Washington Square Park. Built in 1871 as a carriage warehouse, it was converted for industrial use in 1879 by Alfred Benjamin & Co, according to GFP. Another tenant of the office building is creative marketing and communications agency Civic Entertainment Group<\/a>.<\/p>\n

Amanda Schiavo can be reached at aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Watershed Technology, a sustainability company that helps organizations manage their climate impacts and reduce emissions, signed a lease…\n","protected":false},"author":2,"featured_media":101783,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[46581,46582,46583,46584,13230,2361,46585,9,11,10,2362,46586,10362],"class_list":{"0":"post-101782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-233-spring-street","9":"tag-440-lafayette-street","10":"tag-anthony-sciacca","11":"tag-brittany-silver","12":"tag-conor-krup","13":"tag-leases","14":"tag-neith-stone","15":"tag-new-york","16":"tag-new-york-headlines","17":"tag-new-york-news","18":"tag-office-leases","19":"tag-robert-silver","20":"tag-sacha-zarba-channel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/101782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=101782"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/101782\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/101783"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=101782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=101782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=101782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}