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“Full-Floor Lease Expansions Secured by Two Tenants at 101 Park Ave.”

"Full-Floor Lease Expansions Secured by Two Tenants at 101 Park Ave."

H.J. Kalikow & Co. and Cushman & Wakefield have announced the signing of two full-floor lease expansions at 101 Park Ave, a prominent office tower in Midtown Manhattan totaling 1.3 million square feet.

Corient has expanded their footprint to a total of 74,000 square feet with the addition of a new full-floor lease spanning over 24,600 square feet. Similarly, Customers Bank has also signed on for an additional full-floor space measuring at 24,600 square feet bringing their total occupancy to 37,000 square feet.

John Cefaly and Nicholas Dysenchuk from Cushman & Wakefield represented the landlord while Corient was represented by Mark Robbins and Evan Foley from Avison Young. Customers Bank was assisted by their in-house team.

Cefaly expressed his excitement about these expansions stating that they are indicative of the building’s exceptional appeal as well as its prime location and top-notch amenities offered to tenants under strong ownership.” He further added that these long-term commitments from both tenants highlight the enduring value and attractiveness of this premier workplace destination.

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