“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.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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