Vornado’s Midtown tower more than 90% leased after – Business News
Major capital upgrades to Vornado’s 1290 Sixth Ave., the place the Trump Organization holds a 30% passive stake, proceed to attract new tenants. Two just-signed leases complete 93,000 sq. ft within the 2 million-square-foot tower that’s more than 90% leased.
Chicago-based Portage Point Partners took 55,000 sq. ft, relocating and increasing from a 22,000 sublease at 640 Fifth Ave.
Vornado’s 1290 Sixth Ave. is more than 90% leased after drawing two more tenants. Vornado Realty Trust
Meanwhile, international consulting firm Protiviti took 38,000 sq. ft, returning to 1290 Sixth the place it was based mostly earlier than transferring to 888 Seventh Ave.
The asking rent for each leases was $98 per sq. foot.
The landlord’s $45 million in enhancements embody a new foyer, fitness middle and Seventeenth-floor facilities set up with a 10,000-square-foot out of doors “park.”
Major new retail leases embody ones for Five Iron Golf and steakhouse Maple & Ash.
