{"id":328256,"date":"2026-08-24T10:26:08","date_gmt":"2026-08-24T10:26:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/328256\/"},"modified":"2026-08-24T10:26:08","modified_gmt":"2026-08-24T10:26:08","slug":"circle-realty-secures-38k-sf-of-new-leases-at-14-penn-plaza-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/328256\/","title":{"rendered":"Circle Realty Secures 38K SF of New Leases at 14 Penn Plaza \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/circle-realty-group\/\" title=\"Circle Realty Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Circle Realty Group<\/a> has closed on 37,600 square feet of new leases in Midtown, Commercial Observer has learned.<\/p>\n<p>The two largest deals at 225 West 34th Street, also known as 14 Penn Plaza, were for civil engineering company <a href=\"https:\/\/commercialobserver.com\/company\/bohler-engineering\/\" title=\"Bohler Engineering\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Bohler Engineering<\/a>, which expanded from 8,000 square feet to 14,000 square feet, and cybersecurity firm <a href=\"https:\/\/commercialobserver.com\/company\/tm-usa\/\" title=\"T&amp;M USA\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">T&amp;M USA<\/a>, which took 14,000 square feet, according to Circle Realty.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/08\/whole-foods-509-third-avenue-lease\/\" rel=\"nofollow noopener\" target=\"_blank\">Whole Foods to Open Daily Shop at Murray Hill\u2019s 509 Third Avenue<\/a><\/p>\n<p>Bohler signed a 10-year lease and asking rent in the building was $67 per square foot. The length of T&amp;M\u2019s lease was unclear.<\/p>\n<p>\u201cThese tenants came to me because we\u2019re at the center of transportation and we have a first-class property,\u201d Circle Realty President Jay Futersak told CO. \u201cTenants know that what we promised is what we deliver.\u201d<\/p>\n<p>Futersak represented his own firm in-house and both tenants in the deals.<\/p>\n<p>Smaller recent deals in the building were for accounting and advisory firm Calibre CPA Group, which signed a 10-year, 6,100-square-foot lease and is relocating from 462 Seventh Avenue.<\/p>\n<p>Mark Furst and Benjamin Saftler of Kaufman Leasing, the brokerage arm of the <a href=\"https:\/\/commercialobserver.com\/company\/kaufman-organization\/\" title=\"Kaufman Organization\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Kaufman Organization<\/a>, handled the deal for the Washington, D.C.-based accounting firm and did not immediately comment.<\/p>\n<p>Meanwhile, discrimination law firm <a href=\"https:\/\/commercialobserver.com\/company\/fitapelli-schaffer\/\" title=\"Fitapelli &amp; Schaffer\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Fitapelli &amp; Schaffer<\/a> is also relocating from 20 Liberty Street to 14 Penn with a new 3,514-square-foot lease.<\/p>\n<p>Robert Gallucci of <a href=\"https:\/\/commercialobserver.com\/company\/colliers\/\" title=\"Colliers\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Colliers<\/a> negotiated on behalf of the law firm and did not immediately respond to a request for comment.<\/p>\n<p>Futersak repped ownership in-house in the Calibre and Fitapelli deals.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/08\/circle-realty-leases-14-penn-plaza-bohler-engineering\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Circle Realty Group has closed on 37,600 square feet of new leases in Midtown, Commercial Observer has learned.&hellip;\n","protected":false},"author":2,"featured_media":328257,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[123437,123438,123439,123440,2361,123441,9,11,10,2362,123442],"class_list":["post-328256","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-14-penn-plaza","tag-225-west-34th-street","tag-benjamin-saftler","tag-jay-futersak","tag-leases","tag-mark-furst","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-office-leases","tag-robert-gallucci-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/328256","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=328256"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/328256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/328257"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=328256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=328256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=328256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}