Flushing Bank Renews Lease At 99 Park Avenue, Manhattan For 10 Years

Located at 99 Park Avenue in Murray Hill, Manhattan, the office space involved in the transaction spans 8,465 square feet. The landlord, Craig Panzirer of Global Holdings Management Group, finalized a lease renewal with Flushing Bank, a Queens-based financial institution, at an asking rent of $80 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Address: 99 Park Avenue, Murray Hill, Manhattan
• Market: Murray Hill, Manhattan
• Landlord: Craig Panzirer - Global Holdings Management Group
• Tenant: Flushing Bank
• Brokers: Alex Redlus, James Wenk, Kirill Azovtsev & Shay Bolton - Savills
• Asking Rent: $80/ft
• Lease Term: 10-year renewal

The lease renewal deal at 99 Park Avenue in Manhattan was facilitated by brokers Alex Redlus, James Wenk, Kirill Azovtsev, and Shay Bolton from Savills. Flushing Bank committed to a 10-year lease term for the 8,465 square feet office space, maintaining a presence in the prime location at an $80 per square foot rent.