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MIC Capital Partners Expands Office Space At 375 Park Avenue Under 25-Year Lease

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LEASED

New York

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Office54,642 SF
Leased 01/21/2026
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LEASED

MIC Capital Partners Expands Office Space At 375 Park Avenue Under 25-Year Lease

375 Park Avenue

See Similar Deals
Office54,642 SF
Leased 01/21/2026
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:54,642 SF
Transaction Type:Lease

The asset involved in this transaction is located at 375 Park Avenue in Manhattan, which comprises 54,642 square feet of office space. This lease involves a commitment by the tenant to occupy the space for an extensive period, enhancing their operational footprint within an iconic building.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 375 Park Avenue
  • Market: Manhattan
  • Landlord: Aby Rosen & Michael Fuchs
  • Tenant: MIC Capital Partners
  • Landlord's Representative: AJ Camhi & Paul Milunec - RFR
  • Tenant's Representative: Justin Aronson - CBRE
  • Lease Term: 25-year term

In this transaction, MIC Capital Partners has significantly expanded its presence by tripling its footprint since 2018. The latest lease agreement has added an 18,214-square-foot floor to its existing space at 375 Park Avenue, following a prior expansion in May 2025.

Players

Paul Milunec
12 deals
BROKER

Paul Milunec
RFR
12 deals
BROKER

RFR
BROKERAGE

Justin Aronson
CBRE
4 deals(212) 984-8141
BROKER

RFR
LANDLORD

Details

LEASED
IMAGE: Michael Fuchs, AJ Camhi, Aby Rosen, Paul Milunec & Justin Aronson DATE: 01/21/2026 ADDRESS: 375 Park Avenue MARKET: Manhattan ASSET TYPE: Office ~ SF: 54,642 LANDLORD: Aby Rosen & Michael Fuchs - RFR (@RFRRealty) TENANT: MIC Capital Partners LANDLORD'S REP: AJ Camhi & Paul Milunec (@Paul.Milunec) - RFR TENANT'S REP: Justin Aronson - CBRE (@CBRE) LEASE TERM: 25-year term NOTE: MIC Capital Partners expanded its Seagram Building footprint to 54,642 square feet, tripling its presence since 2018 and taking three full floors at 375 Park Ave. under a 25-year lease. The latest deal adds an 18,214-square-foot floor to MIC’s existing space, following a prior expansion in May 2025.

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Deal Type
Effective Rent (Annual)

$3,132,046.47

Total Lease Value

$31,320,464.67

Net Landlord Cash Flow$3,132,046.47