Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Inking a deal for 12,631 sf at the 373,000-sf 641 Lexington Ave., Corporate Suites will open its fourth Manhattan location. The provider of business facilities for smaller office users, which already has offices at 1001 Ave. of the Americas, 275 Madison Ave. and 1040 Ave. of the Americas, will take the office tower’s entire 14th floor. Research company Knowledge Networks has committed to 10,000 sf at 440 Park Ave. South. KN will be relocating offices from 212 Fifth Ave. to the Midtown South space. Financial details for both transactions were not released.

CB Richard Ellis’ Snezana Anderson and Bernhard Weinstabel negotiated the 15-year lease transaction on behalf of Corporate Suites. Rudin Management Company, Inc., the building ownership, was represented by in-house counsel. “Due to its recent growth, Corporate Suites realized it required a presence in the east side of Midtown Manhattan in order to accommodate its clients,” says Anderson.

KN will house its New York City research department on the sixth floor of the 16-story, 145,437-sf office property located on the corner of 30th Street. Eric S. Yarbro, senior vice president and David Burton of CB Richard Ellis’ Midtown Manhattan headquarters represented KN. The building ownership, 440 Park Avenue South Associates, was represented by Jeff Smith of Samco Properties.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.