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Midtown move adds up for accountants.


DDK & Company LLC, a major New York City-based public accounting firm, has committed to approximately 12,000 square feet at One Penn Plaza One Penn Plaza is a skyscraper near Pennsylvania Station in New York City, west of Seventh Avenue, between 33rd and 34th Streets.

It was designed by Kahn & Jacobs and completed in 1972. It reaches 229 meters (750 feet) with 57 floors.
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DDK & Company subleased the office space from BroadVision, Inc. (Nasdaq: BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ), a global provider of self-service web applications.

The CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  team of Benjamin Friedland and Peter Simel negotiated the six-year sublease on behalf of BroadVision, Inc. CBRE's Richard S. Levy Richard Simon Levy is a professor of Modern German History at the University of Illinois at Chicago. He is most noted for his contributions to history in debunking several antisemitic myths, as well as uncovering many others.  together with Howard Bressler, formerly of CB Richard Ellis and currently with USI Real Estate Advisors LLC, represented DDK & Company in the transaction.

According to Mr. Friedland, "This transaction allowed DDK & Company to relocate its corporate offices to one of the City's most prominent business addresses located in the heart of the 34th Street/Penn Plaza district. Additionally, the space is in move-in condition and features panoramic skyline and river views."

DDK & Company will be relocating its headquarters, currently at 1500 Broadway, to the 54th floor of One Penn Plaza, a 2.4-million-square-foot, 57-story, Class-A office tower located on an entire city block, between 7th and 8th Avenues and West 33rd and 34th Streets.

Owned by Vornado Realty Trust Vornado Realty Trust (NYSE: VNO) is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's. , the building was constructed of structural steel and concrete and a facade of gray solar glass punctuated by columns of anodized aluminum.
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Title Annotation:DDK & Company LLC, BroadVision, Inc., contracts
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 24, 2004
Words:206
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