Gerson Lehrman Group Expands Midtown Manhattan Office Lease At 60 East 42nd Street To 95612 SF

The property asset involved in this transaction is an office located at 60 East 42nd Street in Midtown Manhattan, encompassing a total of 95,612 square feet. This lease transaction enhances the tenant's operational space across two full floors, following an expansion of their Midtown East office.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 60 East 42nd Street
• Market: Midtown Manhattan
• Asset Size: 95,612 square feet
• Landlord: Anthony E. Malkin - Empire State Realty Trust
• Tenant: Gerson Lehrman Group
• Landlord's Representatives: Shanae Ursini, Jordan Berger & Kerry Lavelle - Empire State Realty Trust; Neil Rubin, Scott Klau, William Cohen & Erik Harris - Newmark
• Tenant's Representatives: TJ Hochanadel & Daniel (Dan) Santagata & Robert Martin - JLL

Gerson Lehrman Group (GLG) is expanding its office space at One Grand Central Place by adding 18,230 square feet to their renewal completed in April, which resulted in an increased total occupancy. This deal highlights the collaboration between various representatives, as seen with the involvement of multiple agents from both the landlord and tenant's sides.