In one other boost for the Durst Organization’s Third Avenue portfolio, the Empire State Development Corp. is moving its headquarters to 655 Third Ave.
The just-signed lease for 117,181 square feet is perhaps Midtown’s largest recent lease thus far this yr.
ESDC will fill five full floors within the 30-story, 425,000 square-foot tower.
The space was previously home to Mitsubishi, which moved to Durst’s 151 W. forty second St., the previous 4 Times Square.
The asking rent was $69 per square foot.
The powerful state agency is leaving 633 Third Ave. where it has in regards to the same amount of space.
Once a unique, pending lease is finalized, 655 Third can be 85% leased, a Durst rep said.
Durst was repped in-house by Tom Bow, Ashlea Aaron and Bailey Caliban.
ESDC was repped by Newmark’s Moshe Sukenik and Brian Cohen and Manhattan Boutique Real Estate’s Joan Brothers.
The 30-story, 425,000 square-foot tower at 655 Third Ave was previously home to Mitsubishi.JEREMY FRECHETTE
The 1958-vintage 655 Third Ave. earned LEED Gold certification in 2019 with recent sustainability features.
Durst has five distinguished buildings on Third Avenue.
We recently reported that popular Italian restaurant Rosemary’s is coming to Durst’s 825 Third.
