NEW YORK CITY—The Association of International Certified Professional Accountants is relocating up the street from 1211 Ave. of the Americas to 1345 Ave. of the Americas.
Under the 15.5-year lease, AICPA will occupy 30,000 square feet, almost the entire 27th floor. They plan to move in October 2018. A source close to the deal tells GlobeSt.com that asking rents were $95 per square foot.
The association will be moving from its current location in the News Corp. Building, situated between W. 47th and W. 48th streets, to another Sixth Avenue office tower between W. 54th and W. 55th streets. AllianceBernstein had recently announced plans to move their headquarters from 1345 Ave. of the Americas in New York City to Nashville, TN. According to their 2017 annual report, AllianceBernstein leased 992,043 square feet in the Midtown skyscraper.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
