June 13, 2017
The repositioned 403,469-square-foot tower at 747 Third Ave. is now almost fully-occupied, thanks to new leases, expansions and extensions totaling 59,626 square feet of office space.
“Given its renovated lobby, rejuvenated plaza area, brand new elevators and unique 24/7 HVAC at no additional charge to tenants, 747 Third Avenue remains an ideal location,” said Michael Lenchner, vice president and director of leasing of Sage Realty Corporation, the leasing and management arm of building owner the William Kaufman Organization.
Asking rents for current available office space range from $64 to $69 per square foot, with only a handful of availabilities under 8,000 square feet. Recent leases include:
– Media technology company ITN Holdings — formerly known as ITN Networks — added another floor to its space in the tower, bringing its total space to 49,882 square feet.
– Hedge fund sponsor Geosphere Capital Management renewed for 4,557 square feet
– T&R Productions signed a new lease for 3,132 square feet
– Financial planner O&M Partners renewed for 2,055 square feet
For comments, questions or concerns, please contact Bendix Anderson