Council Advisors Signs 10-Year Lease Extension At 685 3rd Avenue In Midtown Manhattan

The property involved in this transaction is an office asset located at 685 3rd Avenue in Midtown Manhattan, encompassing a total space of 17,685 square feet. It is situated within a 651,000-square-foot office tower owned by BGO.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 685 3rd Avenue
• Market: Midtown Manhattan
• Lease Terms: 10-year extension
• Landlord: John Carrafiell - BGO
• Tenant: Council Advisors
• Landlord's Representative: Paul Amrich, Neil King, Meghan Allen, Anthony Manginelli & Brooke Dewing - CBRE
• Tenant's Representative: Daniel Horowitz, Jeffrey Peck, Roi Shleifer, Jacob Stern & Max Mond - Savills

This lease renewal involved Council Advisors extending its headquarters lease, with Savills representing the tenant and CBRE advising BGO in the lease negotiations.