Lee Hecht Harrison to Relocate to 230 Park Avenue
Lee Hecht Harrison, a subsidiary of Adecco USA, has signed a 10.5-year, 23,000-square-foot lease for a portion of the sixth floor at 230 Park Avenue. The global mobility talent firm will relocate from nearby 200 Park Avenue.
“230 Park Avenue continues to earn the trust of leading organizations such as ING, Clarion Partners and Novartis,” said Brian Robin, president of Monday Properties, in a statement. “We are proud to add Lee Hecht Harrison to the tenant community of our landmark building, where we provide leasing solutions for small and large firms alike.”
Located between 45th and 46th Street, the 1.4 million-square-foot Class A building overlooks both Park Avenue and Grand Central Terminal. Built in 1929, 230 Park Avenue was designated a New York City Landmark in 1987.
As reported by the Commercial Observer, Clarion Partners signed a 10-year lease for the 71,000-square-foot 12th floor at 230 Park Avenue in March. In August, ING US, the former parent company of Clarion Partners, signed an 11-year extension for 144,000 square feet at the historic building.
Last month, Bobby Van’s Steakhouse signed a 15-year renewal for its 3,100-square-foot space at 230 Park Avenue, where it has been located since 1996.
Monday Properties acquired 230 Park Avenue in partnership with Goldman Sachs (GS) in 2007. Goldman later sold its stake in the building to Invesco in 2011. Since that time, ownership has overseen over $100 million in capital improvements which have resulted in 230 Park Avenue becoming the first Pre-War office building to achieve LEED Gold certification.
The landlord was represented in-house by Jordan Berger and Frank Doyle, Jonathan Fanuzzi, Paul Glickman and David Kleiner of Jones Lang LaSalle. Lewis Cohen of Mohr Partners represented the tenant in the transaction.