News: Brokerage

CBRE arranges 32,700 s/f renewal at 2 Grand Central Tower

Manhattan, NY CBRE made known that CIGNA has signed a 32,700 s/f office lease taking full occupancy of two tower floors in 2 Grand Central Tower, relocating from its offices in the base of the building.

CBRE’s Anthony Dattoma represented CIGNA. The CBRE team of Paul Amrich, Neil King, Meghan Allen, Alexander Golod and James Ackerson is leading the leasing and marketing efforts for the property and represented the building ownership in the lease negotiations. 

“With its expansive outdoor plaza, dramatic two-story atrium lobby, and amenity program, the premier office property at 2 Grand Central Tower continues to be one of the most sought-after properties in the Midtown market,” said King. “We are pleased that after examining the overall market, we were able to accommodate CIGNA’s needs with superior space within their long-time home.”

Located one block from Grand Central Terminal and three blocks from the United Nations, 2 Grand Central Tower has views of the New York City skyline and the East River. The Midtown building provides concierge services in the lobby, which has a two-story atrium. The property also has a safety and security system, an outdoor public plaza, and access to several transportation options.

Ownership plans to implement a multi-million dollar building upgrade featuring best-in-class amenities, including a tenant lounge, conferencing and fitness center and an upgraded lobby.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing