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Piper Jaffray Consolidates into 65,000 SF

NEW YORK CITY-The investment banking firm signs a 10-year lease at Rudin’s 345 Park Ave., relocating from two separate sites.

By Paul Bubny | Updated on June 22, 2010

NEW YORK CITY- Piper Jaffray & Co. has signed a 10-year direct lease for 64,821 square feet at Rudin Management Co.’s 345 Park Ave. It’s one of the bigger relocations in Midtown so far this year; the investment banking firm is moving uptown from two smaller locations in Midtown.

The new lease at 345 Park covers part of the 1.8-million-square-foot office tower’s 11th floor and the entire 12th floor. At present, Piper Jaffray occupies space on the 33rd floor of 245 Park Ave. and the 35th floor of 150 E. 42nd St.

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