News: Brokerage

AmTrust secures 15,214 s/f lease at 360 Lexington Ave. with Citymeals on Wheels

Manhattan, NY AmTrustRE has finalized a lease with Citymeals on Wheels for 15,214 s/f of office space at 360 Lexington Ave., taking over the entire 9th floor of the property. AmTrustRE’s Samuel Salberg and JLL’s Mitchell Konsker, Barbara Winter, and Thomas Swartz represented the landlord in the transaction. Cushman & Wakefield’s Steven Soutendijk represented the tenant.

“The addition of Citymeals on Wheels at 360 Lexington is a testament to how well-located assets, offering a high-quality workplace experience, continue to attract high-caliber tenants within the most competitive submarkets,” said Jonathan Bennett, president of AmTrustRE. “At AmTrustRE, we remain focused on creating environments that not only meet the practical needs of our tenants but also foster collaboration and long-term success.”

360 Lexington Ave. is a 24-story, 268,000 s/f office building in the Midtown East neighborhood. Centrally located, 360 Lexington is near from Grand Central Terminal, offering access to New York City transit as well as commuter rail service to the greater New York area and Connecticut. Ownership is in the process of upgrading the building’s façade and designing an amenity lounge on the 8th floor that will feature lounge and collaboration spaces, a large board room, café and game room.

Citymeals on Wheels is a local non-profit organization providing meals and connection to older New Yorkers in need; it has delivered 72 million meals since its founding in 1981. As part of a relocation from a neighboring Midtown location, Citymeals on Wheels has signed a 15,000 s/f lease at 360 Lexington Ave. Upon move-in, the organization will occupy the entire 9th floor of the office building, bringing the property to more than 80% leased — a notable 20% increase in leasing volume compared to the time of AmTrustRE’s acquisition of the property.

“Citymeals on Wheels is excited to move our staff and administrative operations to 360 Lexington,’ said Beth Shapiro, Citymeals CEO. “Staying in Midtown was a priority for us, and this modern space will enable staff collaboration in all new ways. We look forward to enjoying a long-term relationship with 360 Lexington and AmTrustRE.”

The property has recently undergone significant upgrades, including a new lobby, modernized elevators, and refreshed common areas. Building on its commitment to elevating the tenant experience across its national office portfolio, AmTrustRE will introduce a high-end amenity center featuring conference facilities, lounge areas, a café, and game rooms. Ownership also plans to renovate the building’s exterior façade, with all enhancements scheduled to reach completion by early 2026.

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