NEW YORK CITY-Doral Financial Corp. has expanded its office lease at 623 Fifth Avenue to 27,500 square feet for eight years. As per the deal, the financial services firm has renewed its 13,000-square-foot space and leased another 14,500 square feet at the 36-floor tower owned by Cohen Brothers Realty Corp. Asking rent per square foot for the space in the 350,000-square-foot building was between $80 and $135.
Cushman & Wakefield's Richard Nocom and John Picco brokered the deal for the tenant. For the full story, go to Crain's New York Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.