Oak View Group Signs Lease For 18,187 SF Office Space At 299 Park Avenue In New York

Oak View Group, a sports and entertainment venue development firm, has signed a lease to relocate its New York City offices to 299 Park Avenue. The multinational company will occupy 18,187 square feet on the 20th floor of the Midtown East building, moving from its current location in the Flatiron District. The lease, facilitated by Fisher Brothers as the landlord, spans 10 years with an asking rent of $95 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 299 Park Avenue
• Market: New York
• Landlord: Fisher Brothers - Marc Packman, Charles Laginestra, Clark Briffel, and Josh Fisher
• Tenant: Oak View Group
• Landlord's Representative: Peter Shimkin, Eric Cagner, David Falk, and Andrew Sachs - Newmark
• Tenant's Representative: Sacha Zarba, Jeff Fischer, and Joseph D’Apice - CBRE
• Asking Rent: $95/ft
• Square Footage: 18,187

The deal was negotiated by the tenant's representatives, Sacha Zarba, Jeff Fischer, and Joseph D’Apice from CBRE, and the landlord's representatives, Peter Shimkin, Eric Cagner, David Falk, and Andrew Sachs from Newmark. Oak View Group will be moving to a new office space in order to accommodate its operations and continue its growth in New York City. The move from the Flatiron District to 299 Park Avenue provides the company with a prime location in Midtown East.