News: Brokerage

The Feil Organization expands MillerKnoll lease at 251 Park Ave. South

Manhattan, NY The Feil Organization said that MillerKnoll expanded its footprint by 15,331 s/f on the sixth and seventh floors of 251 Park Ave. South in the Gramercy neighborhood. MillerKnoll is credited with inventing the office cubicle and task chair. Combined with its ground floor retail space, this deal brings MillerKnoll’s total occupancy in the tower to over 60,000 s/f.

“As a long-time partner and our largest tenant, we worked closely with the MillerKnoll team to strategically expand MillerKnoll’s growing footprint,” said Andrew Wiener, head of commercial office leasing at Feil. 

“This deal is the latest sign of sustained leasing momentum throughout our portfolio, representing how the investments we make in our assets and tenants continues to create a lasting impact.”

“Through our long-standing partnership with the Fell Organization, we have gradually increased our company’s presence at 251 Park Ave South while honoring our design heritage,” said Matthew Stares, MillerKnoll’s Senior Vice President of Global Real Estate, Architecture and Development.  “This historic location sheltered George Nelson & Company from 1973 to 1979, which were the years immediately following Nelson’s tenure as Design Director for Herman Miller. Today, our newly expanded space offers an immersive, multi-brand experience with textiles, lighting and furniture from MillerKnoll’s growing collective of dynamic design brands.”    

251 Park Avenue South is a 16-story boutique office building. Completed in 1909, the Feil Organization acquired the tower in 2015 and soon thereafter undertook a multimillion-dollar renovation to modernize the building. Located near Gramercy Park, Union Square Park, Madison Square Park and world-class restaurants and retail, 251 Park Ave South delivers a premier workplace and environmental experience for companies across various industries. 

Justin Royce represented MillerKnoll in the transaction and the Feil Organization was represented in-house by Andrew Wiener and Robert Fisher. 

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