Financial services giant GE Capital is set to take up residence on the 15th and 16th floors of Aby Rosen’s 285 Madison Avenue.
The company signed a 16-year lease for 43,000 square feet at the recently-renovated, 26-story Midtown office building.
Asking rent for the space was in the low $70s.
Alexander Chudnoff, Mitchell Konsker and Dan Turkewitz of JLL represented Rosen’s RFR Realty in the deal, along with in-house broker AJ Camhi.
GE Capital was repped by CBRE’s Sinclair Li, Sacha Zarba, Frederick Fackelmayer and Ryan Alexander, the New York Post reported
RFR bought the 530,000-square-foot 285 Madison Avenue for $190 million back in 2012. The developer then spent millions repositioning the building, adding amenities such as a roof deck and a fitness center.
The developer sold the Soho Hotel at 11 Howard Street last month to German asset manager Commerz Real for $170 million. [NYP] – Ariel Stulberg