Sublandlord boots Kent Swig from Midtown office
Real estate developer Kent Swig needs to find an office for his firm after being kicked to the curb by its Midtown sublandlord. At the start of the month, a city marshal evicted Swig and his firm, Helmsley Spear, from its space at 747 Third Avenue, Page Six reported. The property is owned by the Kaufman family’s Sage Realty, though the dispute centered on a sublease; the sublandlord appears to be ITN Holdings, based on previous reporting from the Commercial Observer. Swig allegedly owes more than $450,000 in back rent on its sublease, which began in 2024. He was allegedly […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Why this Brooklyn project is nowhere to be seen

Elliman’s AI overhaul raises questions about future of
agents

Pfizer building scare tests office-to-resi
thesis

NY Dirt: Owners have a lot of pied-à-terre questions

NYC’s top deals: UWS megamansion trades for $40M — nearly
50% off asking

UWS double-wide sells for $45M, sets neighborhood townhouse
record

BroadRange Logistics sued for tenant improvement fraud
scheme

Trump administration rejects Congress’ plan, threatening
vouchers

Chelsea NYCHA redevelopment greenlit after court lifts
pause

Nathan Berman communicating with investors over Pfizer
project


