NY Presbyterian checks in at RXR’s 237 Park Hospital system finalizes lease fo爱上海同城手机版 r 500K sf
237 Park Avenue in Midtown
The administrative staff will see you now! New York-Presbyterian Hospital has finalized a lease to take 500,000 square feet at RXR R爱上海同城论坛 ealty’s 237 Park Avenue.
The length of the上海同城对对碰交友社区 lease and the asking rent for the space at the 1.2 million-square-foot office building were not immediately clear, according to Crain’s, which reported the deal.
The hospital system, the largest in New York City, has been searching for a new administrative headquarters where it can consolidate non-medical offices spread across various buildings into one location, as The Real Deal originally reported.
New York-Presbyterian zeroed in on buil上海千花网论坛 dings including Brookfield Office Properties One New York Plaza and Fosun Realty’s 28 Liberty, but ultimately decided to go with RXR’s 21-story building, which will be fully occupied when the hospital moves in.
RXR bought the property in 2013 for $800 million, then laid out millions of dollars in capital improvements in order to attract tenants. Current tenants include banks UBS, Credit Suisse and advertising firm J. Walter Thompson.
The hospital is the second significant medical tenant in recent months to move near Grand Central Terminal. The NYU Langone Medical Center inked a 390,000-square-foot lease at Columbia Property Trust’s 222 East 41st Street in April. [Crain’s] – Rich Bockmann
Tags: 237 park avenue, new york presbyterian, RXR Realty
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