Law Firms, Real Estate Companies, Others Take 48K SF at 230 Park Avenue – Commercial Observer

 Law Firms, Real Estate Companies, Others Take 48K SF at 230 Park Avenue – Commercial Observer

Two law firms, two real estate services firms and three other companies signed leases totaling 48,345 square feet at 230 Park Avenue, Commercial Observer has learned.

The companies took space on six different floors of the 34-story tower on Park Avenue between 45th and 46th streets. Asking rents ranged from $75 to $100 for each of the leases, according to landlord RXR Realty

“We’ve spent the last five, six years significantly upgrading building infrastructure,” said RXR’s William Elder, managing director of the company’s New York City division. “[The building underwent] a major infrastructure upgrade to building systems and the amenitization of it brought the building into the twenty second century. People find that attractive and people are looking for a building with character.”

In the largest deal, boutique law firm Teitler & Teitler sntached up 11,652 square feet just on the eighth floor. The company’s…

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