NEW YORK CITY—Bank of Tokyo/Mitsubishi is about to lease about303,112 square feet at the base of the McGraw Hill building at 1221Ave. of the Americas, the New York Post reports. Thevacant space on the sixth through 10th floors was occupiedpreviously by Société Générale and has an asking rent of $75 perfoot.
The bank is currently located in 1251 Ave. of the Americas, andsources say it will move in from sites that include 1633Broadway.
Fred Smith of Cushman & Wakefield reportedly is representingthe tenant, while a C&W group that includes John Cefaly, GusField, Rob Lowe, Michael Burgio, David-Jonathan Fales and DavidBerke is representing the building, the Post reports. Aspokesman for the firm declined to comment to GlobeSt.com.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
