News: Brokerage

L&L Holdings secures Dunkin at 600 Third Ave.

Manhattan, NY L&L Holding Company reached an agreement with Dunkin’ to occupy the last remaining retail availability at 600 Third Ave., L&L’s 42-story office tower in Grand Central district.

Dunkin’ will occupy a 1,018 s/f storefront at the base of building next to the lobby. Under the 10-year lease, the global brand is expected to open by year end. Dunkin’ joins Shake Shack, Just Salad, Blink Fitness and Chipotle, which committed to a corner location in January, at 600 Third.

“We are pleased to welcome Dunkin’ to our exciting lineup of retailers at 600 Third Ave.,” said L&L Holding executive vice president Jonathan Tootell. “With a street level experience animated by top quality retailers and enjoyable outdoor space, 600 Third has become a great neighborhood amenity within the Grand Central district.”

Originally built in 1970, the 574,067 s/f tower occupies the entire western blockfront between East 39th and East 40th Sts. L&L, which owns 600 Third in partnership with BlackRock, completed a series of renovations and modernizations to the tower, including lobby upgrades and building system improvements.  L&L also redesigned and renovated 600 Third Ave.’s plaza to create a public green space with pathways that encourage pedestrians to circulate and relax.

The tower benefits from its close proximity to Grand Central Terminal, the United Nations, and an array of Midtown East offices, apartment buildings and hotels.  Notable companies with an office presence at 600 Third include law firm Polsinelli, strategic investment firm Energy Impact Partners and global investment management firm 3G Capital. 

L&L Holding was represented by an in-house team of Jonathan Tootell, Tanya Grimaldo and Giannina Brancato, as well as by Alan Schmerzler, Patrick O’Rourke, Sean Moran and Catherine Merck of Cushman & Wakefield.  Jon Spadafino and Dan Richman of SRS Real Estate Partners represented Dunkin’.

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