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August 20, 2010

Vanderweil Engineers Takes Full Floor at 499 Seventh Ave

Boston-based Vanderweil Engineers have signed a long-term lease for a 4,550-square-foot full-floor office on the 19th floor of 499 Seventh Ave.

Coldwell Banker Commercial Hunter Phoenix’s Thomas P. Sullivan, senior managing director, and R. Connor Winn, associate director, represented the tenant in this transaction. Representing the landlord was Carol Sacks and Alicia Popper of Savitt Partners, LLC.

Headquartered in Boston, the 60-year-old firm’s New York offices were previously located on a multi-tenanted floor directly across the street at 501 Seventh Ave.

“Vanderweil Engineers had been looking for a full-floor space for nearly a year and 499 Seventh Avenue provided the perfect opportunity,” said Mr. Sullivan. “In addition to the practicality of having its New York offices consolidated on the single floor, it also has the advantage of a lower loss factor for operations compared to a divided floor.”

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