10 Grand Central entrance moved to 44th Street 10 Grand Central entrance moved to 44th Street

NEW YORK CITY—Tenants are enjoying the recent renovations at Marx Realty’s 10 Grand Central with the Association of National Advertisers extending its lease in the building to 52,000 square feet. The trade association grew an additional 11,000 square feet, and will be on the second, third, fourth and eighth floors. They’ll expand into their new space in mid-June. The tenant committed to occupying the entire larger footprint with a 15-year lease.

A Marx Realty spokesperson states the asking rents in the building now range from $72 to $97 per square foot. Previously, rents had been $68 per square foot in the base, $75 per square foot in the mid-rise portion and $78 per square foot in the high-rise tower suites.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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