February 19, 2020
Lee & Associates NYC arranged a lease renewal for H.C. Wainwright at 430 Park Ave., between East 55th and East 56th streets. The investment bank will occupy the entire third and four-floor, totaling 33,698 square feet.
Corey J. Abdo, executive managing director and principal at Lee NYC, represented H.C.Wainwright. JLL’s Clark Finney, Randy Abend and Frank Doyle advised the owner, 430 Operating Company, LLC.
“We are thrilled to have facilitated H.C. Wainwright’s renewal of its office space at 430 Park Ave.,” said Abdo. “We looked meticulously at the surrounding market, and determined with the tenant that a seven-year renewal combined with a fair landlord concession package was the ideal option.”
430 Park Ave. is a 19-story, Class-A office building with ground-floor retail tenants including Joe & The Juice, Cellini and Engel & Voelkers. Three floors of the building are occupied by WeWork.
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