Kent Swig Kent Swig,president of Helmsley Spear

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NEW YORK CITY—Storied commercial real estate firm Helmsley Spearhas relocated its headquarters to the 50-story 599 Lexington Ave.tower.

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The firm's new offices encompass the entire 44thfloor totaling 8,200 square feet at the 1,062,601-square-footbuilding owned by Boston Properties.

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Helmsley Spear signed a sublease deal with Cornerstone Researchfor its new headquarters space at the glass tower building locatedat the southeast corner of East 53rd Street andLexington Avenue that was completed in 1986. No specific terms ofthe sublease transaction were disclosed.

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“I am thrilled to move our growingcompany to this magnificent Midtown office. As our firmexpands in the coming months and years, this new home will affordus the opportunity to serve our client base in a convenient centralManhattan location,” says Kent M. Swig, president of Helmsley Spear.

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Helmsley Spear was represented in house by Scott M. Bloom,executive vice president/principal while Cornerstone Research wasrepresented by Jared Scott London of CBRE.

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“As Helmsley Spear continues to grow, this new office space willenable us to serve our fine roster of corporate clients, andprovide a Class A work environment for our experienced andexpanding professional team,” says Bloom.

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In addition to Cornerstone Research,other tenants at 599 Lexington Ave. include: law firms Shearman& Sterling, Reed Smith and the Cowen Group, along with theHuron Consulting Group.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.