| A Singapore-owned investment firm has inked a deal for 49,724 square feet at 280 Park Avenue, The New York Post reported. GIC, the financial firm owned by the Singapore government, will go on the ninth floor of the 28-story building between East 39th and East 40th Streets at the start of next year, according to the Post. The lease is for 15 years. The firm is leaving 335 Madison Avenue between East 43 and East 44th Streets (where its current lease ran through 2022), which is currently slated to be torn down and a new tower put in its place.
Asking rent was $100 per square foot, the Post reported. Frank Doyle, Clark Finney and Barbara Winter of JLL represented the tenant in the deal. Mary Ann Tighe, Peter Turchin, Gregg Rothkin, Eric Deutsch and Sam Seiler of CBRE represented the landlord, a partnership between SL Green Realty and Vornado Realty Trust...............................................Full Article: Source
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