CB Richard Ellis arranged the five-year renewal on behalf of the tenant. Victoria's Secret was represented by Eric Deutsch, Ken Meyerson, Jason Pollen and Mary Ann Tighe. Both CBRE and Tishman Speyer Properties LP, who represented the landlord, did not respond to GlobeSt.com queries by deadline.
Owned by Kushner Cos., the 41-story, 1.5-million-sf building, constructed in 1957, is located between 52nd and 53rd streets. It underwent an $18 million renovation, including a lobby upgrade, installation of an all-glass, two-story facade and moving the underground subway entrance, which is now accessible from 53rd Street, rather than through the building concourse.
As GlobeSt.com previously reported, Tishman Speyer, who represented Kushner on the lease renewal, sold the building to Kushner for $1.8 billion in late 2006, early 2007, which set a city record for a class A office sale.
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