"Bank of America signed a massive 20-year expansion in the Times Square building, bringing their total square footage in the building up to 2.44 million."
"Clay, an AI sales firm, signed a new lease in the Flatiron building, relocating from its current digs at 111 West 19th Street."
"The Carlyle Group signed a new lease in the Grand Central building, marking the largest deal of a recent leasing spree."
"Latham & Watkins signed a new expansion in the Midtown West building, bringing its total square footage to over 250,000."
In March, New York City experienced a surge in office leasing, highlighted by four major leases exceeding 100,000 square feet. Bank of America secured the largest lease at 600,000 square feet in Times Square, expanding its presence significantly. AI firm Clay signed a lease for 163,000 square feet at 11 Madison Avenue. The Carlyle Group leased 150,000 square feet at 245 Park Avenue, while law firm Latham & Watkins expanded to 131,000 square feet at 1285 Sixth Avenue. These transactions reflect ongoing demand in the commercial real estate market.
Read at therealdeal.com
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