Durst Organization Leases 17246 Square Feet At 1155 6th Ave New York With Tenant's Reps Leo Paytas Don Preate Henry Warner

The property involved in the transaction is located at 1155 6th Ave, New York, NY, 10036, in the New York market. The office building encompasses a total of 790,000 square feet, with floorplates ranging from 16,000 to 30,000 square feet. It was built in 1984 and designed by Emery Roth & Sons. The Durst Organization recently completed a $130 million capital improvement plan, upgrading the building to a Class A property and achieving LEED v4 Gold certification.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Square Feet: 17,246
• Address: 1155 6th Ave, New York, NY, 10036
• Tenant: American Equity Investment Life
• Tenant's Representative: Don Preate (JLL)
• Landlord: Durst Organization
• Additional Tenant: Robert W. Baird & Co.
• Additional Tenant's Representatives: Henry Warner (JLL), Williams Korchak
• Lease Duration: 10 years for American Equity, 12 years for Baird

The leases for both American Equity and Robert W. Baird & Co. were facilitated by several representatives. The Durst Organization's in-house team included Tom Bow, Rocco Romeo, and Tanya Grimaldo, alongside Lauren Ferrentino for the Baird lease. Jonathan Durst, the president of The Durst Organization, highlighted the significance of these leases reflecting the resilience of New York City’s office market.