JLL leases 24,107 s/f at 757 Third Ave. office tower

Manhattan, NY JLL has completed 24,107 s/f of leasing at 757 Third Ave., marking continued momentum for the Midtown East office tower as owner New York Life invests in repositioning the property.

The recent transactions include:

• Dutchess Management expanded into the entire 24^th floor, totaling 6,987 s/f. The tenant was represented by Mark Weiss and Jenna Catalon of Cushman & Wakefield.

• Yuco Management signed a new lease for the entire 27^th floor, totaling 6,960 s/f. The tenant was represented by Weiss and Catalon of Cushman & Wakefield.

• Elite signed a new lease for the entire 22^nd floor, totaling 6,960 s/f. Adam Ardise, Stephen Bellwood and Rachel Rosenfeld of Cushman & Wakefield represented the tenant.

• Wharton Equity Partners renewed its lease for 3,200 s/f on a portion of the 18^th floor. Wharton was represented by Jonathan Serko, Barry Zeller and Barry Garfinkle of Cushman & Wakefield.

The leasing activity comes as New York Life continues to enhance the property with planned cosmetic renovations to the lobby and the rollout of a new prebuilt office program designed to meet demand from tenants seeking move-in-ready, amenity-rich space within walking distance of Grand Central Terminal.
The building’s momentum reflects broader changes reshaping Midtown East. As availability tightens across Midtown Manhattan and premier, amenity-rich buildings continue to command record rents, an increasing number of tenants are turning to repositioned Third Avenue properties that offer high-quality space, modern amenities and strong value.

JLL serves as the agency leasing broker for 757 Third Ave. and represented ownership in each transaction. The team is led by vice chairman Mitch Konsker, executive managing director Clark Finney, senior managing director Simon Landmann, senior vice president Kristen Morgan and vice president Lance Yasinsky.

“Every building has a different story to tell in today’s market,” said Konsker. “Our role is to understand where tenant demand is headed and help ownership align its asset with those evolving expectations. The recent activity at 757 Third Ave. reflects the strength of Midtown leasing fundamentals, the quality of its ownership and the value tenants place on well-executed repositioning strategies.”

Located in the Midtown East, 757 Third Ave. offers access to Grand Central Terminal, the Long Island Rail Road, multiple subway lines and the neighborhood’s expanding mix of restaurants, hotels and lifestyle amenities.