Teladoc Health, a telemedicine and virtual healthcare company, has inked a long-term lease for 7,000 square feet of office space on the 16th floor of 10 Grand Central. The New York-based office tower underwent an extensive $48 million repositioning in 2019 which included modernizing its façade with marquee brass fins and oversized walnut doors as well as adding an indoor/outdoor lounge, café, conference space and outdoor area.
Craig Deitelzweig – President & CEO of Marx Realty – commented that “Midtown Manhattan’s post-pandemic office destination is one of the most compelling around; this influx of tenants is testament to our unique hospitality-infused repositioning strategy resonating with innovative organizations.” JLL’s Mitchell Konsker Kyle Young Simon Landmann Carlee Palmer Thomas Schwartz represented Teladoc Health during negotiations at an asking rent rate per square foot was $82.
