Teladoc Health Expands Headquarters With 10-Year Lease At 155 East 44th Street, Manhattan

The property asset involved in this transaction is an office space located at 155 East 44th Street - 10 Grand Central in Manhattan. The leased area spans 15,000 square feet, accommodating Teladoc Health's operations as they relocate their headquarters from Purchase, NY.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Craig Deitelzweig - Marx Realty
• Tenant: Chuck Divita - Teladoc Health
• Brokers: Carlee Palmer, Mitchell Konsker, Sean Lynch, Simon Landmann & Thomas Schwartz - JLL
• Lease Term: 10-year deal

This lease transaction marks an expansion and extension for Teladoc Health at 10 Grand Central, more than doubling their footprint with a commitment to the lease for a decade. The facilitating landlords and brokers played key roles in securing this significant relocation and lease extension in a competitive Manhattan market.