NEW YORK CITY—Catching up to the step it took in the 1990s to put its name atop the iconic 200 Park Ave.—directly above Grand Central Station—MetLife is consolidating its offices around the city into the Midtown East building, GlobeSt.com has confirmed.

The insurance giant's new 12-year lease boosts the insurance firm's presence at 200 Park by approximately 430,000 square feet. It currently leases about 100,000 square feet at the Tishman Speyer building for roughly 450 employees.

Cushman & Wakefield's Bruce Mosler and John Cefaly represented the tenant in the deal. Tishman Speyer was represented in house for the transaction.

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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.