Large Leases Signed in Manhattan
Financial service companies have been signing large leases in Manhattan, including several with rents approaching $200/sf.
Recent deals include Carlyle Group's 23,400 sf expansion at 520 Madison Ave., with rents that start at $180/sf, and Royal Bank of Scotland's lease for 70,000 sf at 1095 Sixth Ave., which starts at $140/sf and ramps up to $160/sf by the end of its 15-year term.
Also, AllianceBernstein has agreed to lease 151,500 sf at 1345 Sixth Ave., National Financial Advisors is moving into about 100,000 sf at 340 Madison Ave. and PricewaterhouseCoopers has a lease pending for 200,000 sf at 100 Park Ave.
Recent deals include Carlyle Group's 23,400 sf expansion at 520 Madison Ave., with rents that start at $180/sf, and Royal Bank of Scotland's lease for 70,000 sf at 1095 Sixth Ave., which starts at $140/sf and ramps up to $160/sf by the end of its 15-year term.
Also, AllianceBernstein has agreed to lease 151,500 sf at 1345 Sixth Ave., National Financial Advisors is moving into about 100,000 sf at 340 Madison Ave. and PricewaterhouseCoopers has a lease pending for 200,000 sf at 100 Park Ave.
posted by S. Dreznin at
9:28 AM
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