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Colliers Represents Signature Bank in Expansion

Advertising agency Johannes Leonardo and full-service commercial bank Signature Bank inked new leases at Capital Properties’ Trinity Centre at 111-115 Broadway, totaling just over 63,000 square feet.

Capital Properties closed on a lease with Johannes Leonardo for the 52,409-square-foot triplex space at 115 Broadway, along with an expansion to 10,600 square feet by Signature Bank at 111 Broadway. The bank previously occupied 1,800 square feet at the property.

The CBRE team of Adam Foster, Brad Gerla, Adam Leshowitz and Mike Rizzo represented Capital Properties. Johannes Leonardo was advised by Olmstead Properties’ Daniel Breiman, while Howard Kaplowitz, Andrew Roos and Michael Cohen of Colliers International negotiated for Signature Bank.

“These new leases are a testament to ownership’s meticulous repositioning of 111-115 Broadway to achieve best-in-class status,” said Foster. Both properties just completed a $40-million renovation, “including new windows, a completely restored façade and the installation of a dramatic exterior LED lighting scheme.”

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Michael Cohen

President Tri-State region

New York

AREA OF EXPERTISE
Mr. Cohen is President of the Tri-State Region. When the firm operated as GVA Williams, Mr. Cohen was the third generation of his family to head the firm, which was founded in 1926. He chaired GVA Williams’ Executive Committee and was the founding partner and Chairman of GVA Worldwide Ltd., GVA Williams’ strategic partnership of leading real estate firms serving 120 business capitals on five continents.

An expert real estate advisor, Mr. Cohen has represented an elite clientele of the nation’s top companies, including American Express, ADP and Parsons Brinckerhoff. He specializes in representing corporations in the acquisition and disposition of office space nationwide.

Mr. Cohen represents a wide range of clients regionally, nationally and internationally. He represents SS&C Technologies on a global basis. On a national scale, he manages ALM’s real estate needs. And he represents Signature Bank and accounting firm Marks Paneth throughout the NYC Metro region.  He also has extensive experience representing law firms and represented Holland & Knight in the acquisition of 100,000 square feet at 31 West 52nd Street and Smith, Gambrell & Russel in their relocation to 30,000 square feet at 1301 Avenue of the Americas.

Mr. Cohen is also asset manager of several New York City office buildings, including 57 West 57th Street and 224 West 57th Street. In this capacity his responsibilities include overseeing leasing, management, and, in some cases, the restoration, redevelopment and repositioning of properties. At 28 W 23rd Street, Mr. Cohen represented the landlord in the disposition of 200,000 square feet to AppNexus.

Mr. Cohen graduated from the University of Pennsylvania.

COMMUNITY INVOLVEMENT
Mr. Cohen is on the Board of Directors of several organizations, including The Roundabout Theatre Company and the Jewish National Fund of Greater New York. He is also a past Chairman of the Board of Housing and Services Inc. and past President of Young Presidents’ Organization NYC Metro Chapter.

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Howard Kaplowitz

Senior Managing Director

New York

AREA OF EXPERTISE
Mr. Kaplowitz joined the firm in 2005. With more than 35 years of experience, he has extensive background working with national and global corporate clients in managing their corporate real estate portfolios.

Mr. Kaplowitz has held senior executive positions in corporate real estate. He was Director of Corporate Real Estate for Barclays Bank PLC in North America. During his tenure at Barclays, Mr. Kaplowitz led the team that successfully disposed of the 700,000 sq.ft. Barclays headquarters building on Wall Street. Previously, he was Vice President and Chief Financial Officer for HSBC/Marine Midland Bank’s Corporate Real Estate Division, which consisted of 400 branches and several regional headquarters.

BUSINESS AND EDUCATIONAL BACKGROUND
Mr. Kaplowitz began his career as a Junior Economist at the Federal Reserve Bank of Boston. He then moved on to become Director of Financial Consulting for Cole Surveys, a subsidiary of the  Wyatt Company. While there he developed a client base of 300 financial institutions, specializing in expense control as a strategy for inproving financial performance.

Mr. Kaplowitz is a graduate of the New York University Real Estate Institute, where he subsequently served as an Adjunct Instructor. 

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Andrew Roos

Prinicipal Tri-State Region

New York

AREA OF EXPERTISE
Mr. Roos joined the firm in 1976 when it operated as Williams Real Estate. In addition to a focus on tenant representation, he is also a general partner of approximately five million square feet of commercial property in New York City. His focus is overseeing the leasing, management and operations of these properties. Mr. Roos also has handled similar responsibilities for a variety of institutions and private investment groups.

During his career, Mr. Roos has been associated with the development, sale or repositioning of over $1 billion of real estate and the leasing of over 30 million square feet of property. Some of his major clients include various divisions of the United Nations, including its Joint Pension Fund, the Bank of New York and Xerox. For the United Nations, he has been responsible for more than 500,000 square feet of leasing transactions. Mr. Roos has been involved in the leasing and acquisition of more than 400,000 square feet of office space and data center facilities around the country for the Bank of New York. One of his “signature” transactions was the 150,000-square-foot lease of both retail and office space for Xerox’s New York City headquarters located at 245 Park Avenue.

COMMUNITY INVOLVEMENT
Mr. Roos currently serves on the Board of Governors of REBNY and is a former chairman of the Young Men’s/Women’s Real Estate Association of New York, Inc. and of the NYU’s Real Estate Round Table. He is presently a member of the University’s Advisory Board.

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