Accounting, consulting firm signs 15-year lease renewal at Class A, 457,250-SF office building
NEW YORK, NY – July 27, 2011 – (RealEstateRama) — Rosen Seymour Shapss Martin & Company LLP signed a 15-year renewal for 44,851 square feet at the Class A, 457,250-square-foot office building.
Rosen Seymour renewed its lease of 44,851 square feet for 15 years and will continue to occupy the entire sixth floor, a portion of the seventh floor and basement space at 757 Third Avenue, which is located between East 47th and East 48th streets.
RFR Realty, which successfully redeveloped the world-renowned Seagram Building at 375 Park Avenue and Lever House at 390 Park Avenue, is commencing a redevelopment of 757 Third Avenue with the assistance of the architectural firm of Moed de Armas & Shannon. The redevelopment will include a new lobby, new lobby entrance and entry canopy, upgraded glass retail store fronts, and new turnstile security access controls and visitor management systems. Technical upgrades include a life safety generator and a restored building façade. The seventh floor, ninth floor and 15th floor will offer prospective tenants access to spectacular terraces.
The office tower has 262,000 square feet of Class A office space available, including the entire fourth and fifth floors, and the entire eight floor to 16th floor.
Jones Lang LaSalle is a leader in the New York tri-state commercial real estate market, with more than 1,700 of the most recognized industry experts offering brokerage, capital markets, facilities management, consulting, and project and development services. In 2010, the New York tri-state team completed approximately 17 million square feet in lease transactions, completed capital markets transactions valued at $861 million, managed projects valued at more than $5.8 billion, and oversaw a property and facilities management portfolio of 83.5 million square feet.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $43 billion of assets under management. For further information, please visit our website, http://www.joneslanglasalle.com/.
Contact:
George Shea, Mark Faris
Company: Shea Communications
Phone: +1-212-627-5766
Email: mfaris (at) sheacommunications (dot) com
