RFR handles five leases totaling 81,806 s/f at 375 Park Avenue; JLL represents RFR in 1,927 s/f lease for Pérez-llorca

RFR revealed five new leases at 375 Park Avenue. In all, the leases total 81,806 s/f of activity. Centerbridge Partners, a multi-strategy private investment firm focused on corporate buyouts and distressed securities, renewed and expanded its lease, taking a total of 46,571 s/f. Brian Goldman and Neil Goldmacher of Newmark Grubb Knight Frank represented Centerbridge Partners in the lease renewal and expansion. Also expanding in the building is U.K.-based investment management firm Winton Capital, which signed a lease to expand into 5,770 s/f. Donald DiRenzo, Jr. at Cushman & Wakefield negotiated the lease for Winton Capital. Banco de Bogotá, a Colombian commercial bank, renewed for 1,478 s/f. Peter Shimkin and Alex Leopold at Newmark Grubb Knight Frank represented the tenant. Pérez-Llorca, a Spanish law firm, has signed a new lease for 1,927 s/f. Robert Lowe and Evan Algier at Cushman & Wakefield negotiated the lease for the tenant. Canadian asset management company Fiera Capital signed on for the entire 8th floor, comprising 26,060 s/f. Robert Kennedy of Colliers International represented Fiera Capital in the lease. Located on Park Avenue between 52nd and 53rd Streets, 375 Park Avenue has served as the U.S. headquarters for many of the world's premiere financial services firms, hedge funds, private equity firms and sovereign wealth funds. "Retaining and expanding existing tenants is important to me. Our property management team works hard to maintain the supremacy of this extraordinary asset," said Aby Rosen, Co-Founder and Principal of RFR. "We are seeing more wealth funds in the market and 375 Park remains the most attractive address for global business." RFR was represented by Steve Morrows, Executive Vice President, in four of the leases. JLL represented RFR in the Pérez-Llorca lease and represents the firm in all future leases. Recently RFR opened an exclusive executive roof terrace and lounge, one of the few private outdoor spaces on Park Avenue, complementing one of the world's great plazas. RFR is in construction on cosmetic upgrades to the parking garage and chauffeur's waiting lounge, and currently installing on the plaza a colossal sculpture weighing 20 tons by Urs Fischer.