NEW YORK CITY—The Metropolitan TransportationAuthority has signed a long-term lease renewal for 34,000square feet of space at 469 Seventh Ave.

Colliers International, which represented thebuilding owner in the transaction, reports the MTA will continue tolease the entire 11th and 14th floors at the 267,000-square-footoffice building.

“The MTA renewal brings us closer to full occupancy, which weanticipate in the next six to 12 months,” says EricMeyer, a principal with Colliers International Tri-State,who along with Principal Marty Meyer, arranged thelease on behalf of the building ownership— Eric and Marty Meyer,and Dan Shavolian of Foremost RealEstate. He adds that Colliers is in talks with severalpotential tenants about the building's tower floors, includingcatering facilities and event management companies that haveexpressed a strong interest in the penthouse and roof deck.”