Financial Services Firm Inks 16K-SF Deal at 1155 Avenue of the Americas

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Robert W. Baird & Co. has completed a 16,000-square-foot lease at Durst Organization’s 1155 Avenue of the Americas, according to a news release from the landlord.

The financial services firm will occupy the entire 16th floor of the 41-story structure between West 44th and West 45th Streets. The asking rent in the 15-year deal was $85 per square foot, as The New York Post reported. The company will relocate its offices from 610 Fifth Avenue between West 49th and West 50th Streets.

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“Boutique financial service firms are the perfect fit for the newly repositioned 1155,” Jonathan “Jody” Durst, president of Durst, said in a prepared statement. “Smaller, window-rich floors with limited numbers of columns and outstanding transit connectivity make 1155 Avenue of the Americas the ideal location for financial service firms with public-facing practices.”

Andrew Stein of Vicus Partners represented Robert W. Baird, while Durst was represented in-house by Rocco Romeo. Stein did not immediately return a request for comment.  

Durst is currently spending $110 million to renovate the 790,000-square-foot building at 1155 Avenue of the Americas, which includes a new lobby, new windows, a rooftop pavilion with views of Bryant Park.  

Robert W. Baird has more than 100 offices in North America, Asia and Europe, according to its website.