Monster Worldwide Renews Lease in Midtown East
Danielle Schlanger Nov. 19, 2014, 11:25 a.m.
Monster Worldwide, the parent company of job search engine Monster.com, has renewed its lease at 622 Third Avenue, Commercial Observer has learned.
The company recently signed a 10-year lease renewal for 30,000 square feet that it occupies on the entire 39th floor and a portion of the 37th floor at the building located between East 40th and East 41st Streets.
“We’re delighted that this prestigious online company has chosen to maintain their New York headquarters at 622 Third Avenue,” said Charles S. Cohen of Cohen Brothers Realty Corporation, who owns the building, in prepared remarks. “It speaks volumes about the growing popularity of the Third Avenue corridor as a destination for tech firms.”
Marc Horowitz, the senior vice president and director of office leasing for Cohen Brothers, represented the building’s ownership in-house. Scopa CRE’s Paul Spiegel and John Griffin represented Monster Worldwide. Asking rents were $63 per square foot.
Scopa CRE did not immediately return a request for comment.
Built in 1974, the property at 622 Third Avenue is a 39-story, 1-million-square-foot Class A tower. Other tenants in the building include Hill Holiday, Erwin Penland, MRM Casanova, Draft & Draft and Sterling National Bank.
Earlier this year, Commercial Observer reported that the Cohen Brothers Realty Corporation signed on Colliers International to lease 200,000 square feet at Grand Central Plaza at 622 Third Avenue.