NEW YORK CITY—In a series of transactions, four companies have signed long-term lease renewals at the Rudin Family's 355 Lexington Avenue. The agreements total approximately 41,300 square feet of office space at the 22-story, 250,000 square-foot tower in Midtown East.
In the first transaction, Citymeals-on-Wheels, has signed a 10-year, 8,996-square-foot lease renewal an organization. With the new lease, the organization—which raises private funds to provide meals for homebound senior citizens throughout the five boroughs—will remain in the building until 2026.
Also renewing is Wealth Advisory Group, a Manhattan-based financial services company, which has signed a 10-year, 15,882-square-foot lease renewal on the entire ninth floor; Rogoff & Co., a locally-based certified public accounting firm, which signed a 10-year, 8,300 square-foot lease renewal on a portion of the sixth floor; and construction and development firm Time Square Construction, which signed a five-year, 8,122 square-foot lease renewal comprising the entire 17th floor.
Bill Rudin, co-vice chairman and CEO of Rudin Management Co., the operating arm of the Rudin Family holdings, says of the transactions, “Citymeals-on-Wheels has been our tenant at 355 Lexington Avenue since 1992, and we're delighted to help this important organization continue their extraordinary work. This is an organization that my father, along with Preston Robert Tisch, Gael Greene and other concerned New Yorkers created to help homebound people get the food and nutrition they need.”
He adds, “We're also proud to renew Rogoff & Company, Wealth Advisory Group and Time Square Construction at our building. These renewals are an indicator of the strength of 355 Lexington Ave. and our reputation as long-term owners responding to our existing tenant's needs.”
Robert Steinman, VP at Rudin Management Co., represented building ownership in all four transactions. Jeffrey Frenkel of CBRE represented Citymeals-on-Wheels; Howard Poretsky of Savills Studley represented Rogoff & Co.; and David Berkey of L&L represented Wealth Advisory Group. There was no outside broker in the Time Square Construction transaction.
Home to a roster of tenants that includes Eastern Consolidated, Gordon & Silber, TNS Custom Research and the Harry Walker Agency, 355 Lexington Ave. features access to Grand Central Terminal and several major subway lines.
In the first transaction, Citymeals-on-Wheels, has signed a 10-year, 8,996-square-foot lease renewal an organization. With the new lease, the organization—which raises private funds to provide meals for homebound senior citizens throughout the five boroughs—will remain in the building until 2026.
Also renewing is Wealth Advisory Group, a Manhattan-based financial services company, which has signed a 10-year, 15,882-square-foot lease renewal on the entire ninth floor; Rogoff & Co., a locally-based certified public accounting firm, which signed a 10-year, 8,300 square-foot lease renewal on a portion of the sixth floor; and construction and development firm Time Square Construction, which signed a five-year, 8,122 square-foot lease renewal comprising the entire 17th floor.
Bill Rudin, co-vice chairman and CEO of Rudin Management Co., the operating arm of the Rudin Family holdings, says of the transactions, “Citymeals-on-Wheels has been our tenant at 355 Lexington Avenue since 1992, and we're delighted to help this important organization continue their extraordinary work. This is an organization that my father, along with Preston Robert Tisch, Gael Greene and other concerned New Yorkers created to help homebound people get the food and nutrition they need.”
He adds, “We're also proud to renew Rogoff & Company, Wealth Advisory Group and Time Square Construction at our building. These renewals are an indicator of the strength of 355 Lexington Ave. and our reputation as long-term owners responding to our existing tenant's needs.”
Robert Steinman, VP at Rudin Management Co., represented building ownership in all four transactions. Jeffrey Frenkel of CBRE represented Citymeals-on-Wheels; Howard Poretsky of Savills Studley represented Rogoff & Co.; and David Berkey of L&L represented Wealth Advisory Group. There was no outside broker in the Time Square Construction transaction.
Home to a roster of tenants that includes Eastern Consolidated,
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