Sports Investment Firm Dynasty Equity Takes 10K SF at Rudin’s 560 Lexington...
Dynasty Equity, an international investment firm focused on the sports world, is kicking its New York City headquarters over to Rudin’s 560 Lexington Avenue, Commercial Observer has learned. Dynasty,...
View ArticleMoroccanoil Takes 40K SF at SL Green Midtown Tower
Luxury beauty products company Moroccanoil has signed a 10-year lease for 39,799 square feet at SL Green’s 1185 Sixth Avenue. The company will be moving from 135 East 57th Street — which will be...
View ArticleSunday Summary: Marc Holliday Is Not Playing Around
SL Green Realty’s earnings call last week was pretty good. The largest office owner in New York City saw cash flow increase ($164.4 million versus $155.9 million the previous quarter). They scored...
View ArticleAdvisory Firm Teneo Renews for 47K SF at SL Green’s 280 Park Avenue
Global CEO consulting and advisory firm Teneo Holdings has signed a 10-year lease renewal covering 46,551 square feet on the entire fourth floor of SL Green’s 280 Park Avenue, the building owner...
View ArticleAsset Management Firm Sagard Expands to 41K SF at 280 Park Avenue
Sagard Capital Partners, a global alternative asset management firm, is expanding its offices within 280 Park Avenue. Sagard, which specializes in venture capital, private equity, private credit and...
View ArticleVornado to Buy 623 Fifth Avenue for $218M
Vornado Realty Trust just added another asset to its portfolio. The real estate investment trust (REIT) is acquiring the 36-story, 382,500-square-foot office building at 623 Fifth Avenue for $218...
View ArticleMidtown’s Office Tenant Mix Post-COVID Leans Into Financial Services
Anchored by the enduring likes of the Empire State Building, Rockefeller Center and 601 Lexington Avenue, Midtown Manhattan tells a consistent story in its trademark buildings — but a more fluid one...
View ArticleInvestcorp Sticks Around in 75K SF on Park Avenue
Multinational investment manager Investcorp just renewed its lease in its longtime home at 280 Park Avenue. The 36-year-old firm will remain in 75,000 square feet on the 35th through 39th floors of the...
View ArticleVornado Sees Sunnier Days Ahead Despite Upcoming Office Vacancies Thanks to...
There’s plenty of upheaval in the commercial real estate market today, but Vornado Realty Trust executives were riding the high of a $350 million deal to hand over a prized Fifth Avenue retail...
View ArticlePaul Singer’s Elliott Investment Takes 149K SF at 280 Park Avenue
Elliott Investment Management is planning an expansion of its New York City offices, even after moving its headquarters to Florida. The company, run by billionaire hedge fund manager Paul Singer,...
View ArticleLagging Occupancy in Q1 Shows Vornado Still Not Out of the Woods
Manhattan’s second-biggest office landlord needs to fill some big gaps in its portfolio, and it’s willing to make concessions to do so. Occupancy across Vornado Realty Trust’s 20.4 million-square-foot...
View ArticleLease Deals of the Week: Antares 74K-SF Expansion and Renewal at 280 Park
This week, we saw private equity confirm Antares Capital recommit to its space at 280 Park Avenue and grow to a total of 74,000 square feet in the building. Meanwhile, the mystery tenant announced by...
View ArticleSL Green, Vornado Extend $1B Senior Loan at 280 Park, Buy Back Mezz at Discount
SL Green and Vornado Realty Trust, Manhattan’s two largest office landlords, announced Wednesday that they have modified and extended a $1.075 billion mortgage secured by 280 Park Avenue, 60-year old,...
View ArticlePrivate Equity Firm Antares Expands to 76K SF at 280 Park
Private equity firm Antares Capital has renewed and expanded its offices at 280 Park Avenue to 76,000 square feet across the entire 20th through 23rd floors, Commercial Observer has learned. The...
View ArticleMeta Exits 275K SF at 770 Broadway
Facebook plans to cut more of its New York City office presence. Its parent company Meta will downsize its office at 770 Broadway by 275,000 square feet when its lease expires later this year, landlord...
View ArticlePJT Partners Expands to 270K SF in Renewal at 280 Park
Investment bank PJT Partners has expanded its footprint to 270,000 square feet at 280 Park Avenue in a lease renewal, according to landlord SL Green Realty and the New York Post. PJT converted an...
View ArticleBank OZK Relocating NYC Offices To 280 Park Avenue
Bank OZK will relocate its New York City office from 1 Rockefeller Plaza to 280 Park Avenue, Commercial Observer has learned. The Little Rock, Ark.-based bank signed a 10-year lease for 8,936 square...
View ArticlePrivate Equity Firm Sagard Expanding Within 280 Park Avenue
Private equity firm Sagard Holdings will relocate its New York City offices to a bigger space within 280 Park Avenue, Commercial Observer has learned. The Montreal-based Sagard signed a nearly...
View ArticleDeals Signed at One Vanderbilt to 280 Park as SL Green Snags 1.2M SF of Leases
SL Green Realty Corp. is closing out the decade by announcing nearly a dozen leases — totaling about 1.2 million square feet — recently signed across its portfolio, including a new tenant to replace...
View ArticleFormer Four Seasons Space to House New Italian Eatery
A Brazilian restaurant group will open an Italian eatery in the storefront formerly occupied by famed eatery The Four Seasons at 280 Park Avenue, according to the landlord. Fasano Hotel and Restaurant...
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