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NEW YORK CITY-BCN Development has secured lease commitments from Leucadia National Corp. for more than 32,000 sf of office space through 2017 at its New York City flagship property, 315 Park Ave. S. The deal is valued close to $25 million.

Only last week, BCN secured another lease commitment at the 20-story property. Phoenix Partners Group leased more than 16,400 sf in a lease valued at approximately $13 million, as GlobeSt.com previously reported.

Craig Nassi, CEO of BCN, tells GlobeSt.com that rents are in the high $50s per sf at the 340,000-sf property. “I am delighted that Leucadia recognizes the desirability of 315 Park Ave. South as the location to continue to grow their business.”

315 Park Ave. is also headquarters to Credit Suisse. The property has a just renovated 50-year-old lobby with a $1-million detailed finish.

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