MAXIMUS stays downtown with 55,000 s/f renewal.

GVA Williams represented MAXIMUS, a leading government services company, in its leasing of a 55,400-square-foot, seven-year renewal and expansion deal at 30 Broad Street.

Previously, MAXIMUS, which provides program management, consulting and information technology services to the heath care industry, occupied floors 16, 18 and 19 in the 49-story property, which is owned by 30 Broad Street Associates, LLC. Under the terms of the lease, MAXIMUS will now occupy floors 16, 17, 18 and 19, marking an expansion of approximately 14,000 square feet. The financial terms of the deal were not disclosed.

GVA Williams team of vice chairman Brian Given, managing director Steven Jaray and director Michael Berger negotiated on behalf of MAXIMUS. Norman Sturner, general partner of Murray Hill Properties, represented the building ownership.

"After considering more than 30 new locations in Midtown South and Lower Manhattan, MAXIMUS opted to remain at 30 Broad Street due to the superior economics and the landlord's willing cooperation to satisfy their needs," said Steven Jaray, Managing Director at GVA Williams. "In the end, MAXIMUS felt their commitment to Lower Manhattan was important to the future of the neighborhood."

GVA Williams Director Michael Berger also noted that executives at MAXIMUS felt their commitment to Downtown helped the city. "After reviewing all of the options, the pull of the economics as well as the revitalization of Downtown was an important factor in their decision," he said.

Other tenants in the 430,000-square-foot building include the New York Stock Exchange, Inc., Wall Street Systems and Utendahl Capital.