Centerbridge Partners has signed a long-term headquarters lease at 345 Park Avenue, a 44-story office tower owned by Rudin in Manhattan’s Plaza District. The investment firm will relocate its New York City headquarters from 375 Park Avenue to the nearby property under a 15-year agreement.
As part of the move, Centerbridge will occupy 75,826 square feet across the entire 22nd and 23rd floors of 345 Park Avenue. The firm plans to complete the relocation in the second quarter of 2027, shifting operations a short distance within the Park Avenue corridor while securing a multi-floor, contiguous block of space.
Rudin describes 345 Park Avenue as a centrally located Plaza District asset with a focus on service and amenities. Co-CEO Michael Rudin said the company is looking forward to hosting Centerbridge’s New York City team at the property and noted that the building combines what the landlord views as a prime location with its established operational platform. He also referenced a forthcoming amenity suite intended to support current workplace expectations for leading firms.
The lease further extends Centerbridge’s presence along Park Avenue while consolidating its headquarters footprint at 345 Park Avenue. By taking two full floors in a single property, the firm will be positioned to organize its New York operations on a vertically integrated stack rather than across multiple locations.
On the ownership side, Rudin handled landlord representation internally. Robert Steinman, senior vice president of office leasing at Rudin, represented the ownership in negotiations with the tenant.
Centerbridge was advised by Newmark on the tenant representation side. Newmark’s team included Chairman, National Tenant Representation Neil Goldmacher, Executive Vice Chairman Brian Goldman and Senior Managing Director Matthew Lorberbaum, who collectively represented Centerbridge in securing the lease at 345 Park Avenue.
The transaction keeps Centerbridge anchored in Midtown Manhattan’s Plaza District while updating its headquarters setting and layout. With a move date targeted for the second quarter of 2027, both parties have extended lead time to plan build-out, transition and occupancy within the tower’s upper-floor office space.
