1271 Avenue of the Americas is undergoing a $600-million redevelopment program. 1271 Avenue of the Americas is undergoing a $600-million redevelopment program.

NEW YORK CITY—While there is still a long way to go, the Rockefeller Group has inked its second major lease deal at its 2.1-million-square-foot office tower at 1271 Avenue of the Americas—a 148,000-square-foot lease with Mizuho Americas.

Last October, Major League Baseball signed the first lease at the former Time-Life building for more than 400,000 square feet. The MLB will occupy six floors at the iconic office building that first opened in 1959. Last year building owner Rockefeller Group began construction on a massive $600-million redevelopment of the 48-story Midtown office tower. The two leases totaling nearly 600,000 square feet, leaves approximately 1.3 million square feet of office space available in the tower floors. However, Rockefeller Group officials say they are very pleased with the tenant interest in the property.

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