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Cartoon king exits Noho for Long Island City.


Cushman & Wakefield announced that The Jim Henson Noun 1. Jim Henson - United States puppeteer who created a troupe of puppet characters (1936-1990)
Henson
 Company has signed a new office lease at 37-18 Northern Blvd. in Long Island City.

The Jim Henson Company signed a seven-year lease for 12,000 s/f on a portion of the fourth floor at 37-18 Northern Blvd., a seven-story building owned by Acumen Capital Partners. The firm was previously located at 627 Broadway in Noho.

James DeLuca of Cushman & Wakefield represented The Jim Henson Company in its site search and in lease negotiations with the building's ownership.

"In moving to Long Island City, The Jim Henson Company will benefit from the extensive economic incentives related to its relocation, as well as a new, creative and light-filled workspace in an up-and-coming neighborhood adjacent to the film and television studios of the area and still close to the advertising and theatrical centers of Manhattan," said DeLuca, a senior director at Cushman & Wakefield.

The new space will house The Jim Henson Company's east coast division of Jim Henson's Creature Shop Jim Henson's Creature Shop is a company founded in 1979 by puppeteer Jim Henson, creator of The Muppets.

It was originally created as a result of the observation that the team that had been put together for The Dark Crystal was extremely hard to recreate for Labyrinth, since
. Based in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, the Shop is known for designing and building some of the world's best-known characters, and has won more than nine Emmy Awards for its work building puppets for "Sesame Street Sesame Street is an American educational children's television series for preschoolers and is a pioneer of the contemporary educational television standard, combining both education and entertainment. ."

Built in 1919, 37-18 Northern Blvd. is a 301,000 s/f commercial loft building on the corner of Northern Boulevard and Steinway Street.

Acumen acquired 37-18 Northern Blvd. in 2008. Formerly known as the Standard Motor Products Building, it is currently undergoing a $10 million renovation.

Major tenants include high-end accessories designer Eric Javits, telecommunications provider Broadview Networks Broadview Networks is a network-based electronically integrated communications provider (e-ICP) serving small and medium-sized businesses in the Northeastern and Mid-Atlantic United States.  and Standard Motor Products.

Acumen Capital Partners is a private company founded by Jeffrey Rosenblum and Ashish Dua
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Comment:Cartoon king exits Noho for Long Island City.
Publication:Real Estate Weekly
Date:Jun 24, 2009
Words:280
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