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Leasing & tenant law · Owners & management · Deals & development · 10/27/2026

Gerber Life Leases 12,868 SF at Two Trees' 45 Main Street in Dumbo

Gerber Life Insurance signed a 12,868-square-foot office lease at Two Trees Management's 45 Main Street in Dumbo. The space will house a satellite office for its technology teams. Lease length and rent were not disclosed, but Two Trees says the building averages $45 to $55 per square foot. Design firm Twelve also recently doubled its space there to 14,000 square feet.

Reported by Commercial ObserverRead the original ↗

Photo: Commercial Observer

What happened

Gerber Life Insurance, a provider of children's life insurance, has signed a 12,868-square-foot office lease at 45 Main Street in Dumbo, Brooklyn. The building is owned by Two Trees Management. Commercial Observer reported the deal on 10/27/2026.

According to Two Trees, the space will be a satellite office for Gerber Life's technology teams. Gerber is based in White Plains, N.Y. The length of the lease and the exact asking rent were not disclosed. A Two Trees spokesperson said the average asking rent in the building is $45 to $55 per square foot.

Alyssa Zahler, Elizabeth Bueno and Jarad Winter represented Two Trees in-house. Michael Baraldi and Owen Koorbusch of Cushman & Wakefield represented Gerber. Cushman & Wakefield did not immediately respond to Commercial Observer's requests for comment.

45 Main Street was completed in 1912. It is a 12-story, 475,000-square-foot office building. Other tenants include the architecture firm Bjarke Ingels Group and the film editing collective Church Edit. Commercial Observer also noted that design firm Twelve doubled its space in the building to 14,000 square feet the week before.

Key facts

Tenant
Gerber Life Insurance (based in White Plains, N.Y.)
Address
45 Main Street, Dumbo, Brooklyn
Landlord
Two Trees Management
Space
12,868 square feet, satellite office for technology teams
Rents
Building average asking rent of $45 to $55 per square foot, per a Two Trees spokesperson. Exact rent for this deal not disclosed.
Building
12 stories, 475,000 square feet, completed in 1912
Brokers
Two Trees in-house team (Alyssa Zahler, Elizabeth Bueno, Jarad Winter). Cushman & Wakefield (Michael Baraldi, Owen Koorbusch) for Gerber.
Date
Reported by Commercial Observer on 10/27/2026

What it means

Landlords

This is a commercial office lease. It does not change any rules for residential owners. It is one more sign of office leasing activity in Dumbo, where another tenant expanded in the same building the week before.

Tenants and voucher holders

Nothing in this deal affects residential rents, vouchers or tenant rights. It is an office lease in an office building.

The highlights

  1. Building asking rents average $45 to $55 per square foot, per Two Trees.
  2. The space will be a satellite office for Gerber's tech teams; HQ is in White Plains.
  3. 45 Main Street is a 12-story, 475,000 SF building completed in 1912.

Why it matters Landlords

Steady office demand in Dumbo shows Brooklyn commercial space is still drawing tenants, a useful benchmark for local owners.

Not known yet

  • How long the lease runs
  • The exact rent Gerber will pay
  • When Gerber will move in
  • How many employees will work at the Dumbo office

Background

In New York City, commercial office leases are negotiated privately between landlords and businesses. Rents are usually quoted as a yearly amount per square foot. Office space is not covered by rent stabilization or the residential rent laws that apply to apartments, so lease length, rent and terms are set by the deal itself and are often not made public.

Buildings in this story

Summary written by Bulwark from Commercial Observer’s reporting. The original story is at commercialobserver.com. This is general information, not legal advice.

Brooklyn, NY

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Photo: Andre Carrotflower, CC BY-SA 4.0
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