The Insignia team of Gregory Tosko, Ken Meyerson, Scott Gottlieb, and Matthew Wolfson represented Estee Lauder, while CBRE's Mary Ann Tighe, Craig Reicher and Megan Sheehan acted for the landlord. This one of the last transactions to be announced by the pair as two separate companies. Their merger is expected to be completed within days.
"The Estee Lauder team performed an exhaustive search of alternatives in the market over the course of the past three years," says Tosko.
"Lease renewals can be tougher," adds Meyerson. "And with the ownership of the building being in transition, there was an urgency to look outside the building."
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