NEW YORK CITY—Due to the consolidation of ContinentalGrain Co., which has occupied the space for decades, the50,000-square-foot duplex penthouse office at 277 ParkAve. has hit the market.

The space on the 49th and 50th floors of The StahlOrganization's building has not been available for leasesince the building was constructed 50 years ago back in 1964. Thebrokerage firm Cassidy Turley has been retained tomarket the space for lease. Continental Grain will be relocating atthe end of 2014 to the General Motors Building on Fifth Avenue.Anticipated occupancy of the penthouse space at 277 Park Ave. isexpected in the first quarter of 2015.

“The office-penthouse at 277 Park Avenue will offer the rareopportunity to take an exceptional space and shape it into thepremier office destination in New York City. The future tenant willbe able to attract top-tier talent from across the Tri-State regionand beyond; the space will serve as the ultimate recruiting tool,”says Gregg Wolpert, co-president of The StahlOrganization. “The office-penthouse is fully customizable andfeatures high ceilings and an abundance of natural light. It'sgoing to be a special workplace, especially if the future tenantdecides to build out an open office-space.”