NEW YORK CITY-Moelis & Co. is expanding its subleased office space at 399 Park Ave. The investment bank has leased an additional 24,700-square-foot office space and renewed its lease for 100,000 square feet in the Boston Properties-owned office building.
Asking rent was $60 per square foot. Moelis has subleased the space from Baltimore-based Legg Mason. Cushman & Wakefield Inc.'s Louis D'Avanzo represented the tenant, while CB Richard Ellis Inc.' Kenneth Rapp and Christopher Mansfield represented Legg Mason in the deal. For the full story, go to Crain's New York Business .
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