NEW YORK CITY—The artificial intelligence company Clarifai, Inc. has signed a four-year and three-month lease with SL Green Realty Corp. for 17,255 square feet at 215 Park Ave. South. It will occupy the entire 10th floor. The asking rent is $70 per square foot.
The expanding tech company which has a focus on visual recognition, has offices in San Francisco and New York City. Clarifai will relocate its New York team from its Hudson Square location at 137 Varick St. to its new space when renovations are completed, expected in mid-June.
“215 Park Ave. South has undergone a substantial building renovation to attract and retain companies looking for the ideal combination of work environment, neighborhood amenities and location served by abundant public transportation,” said Steven Durels, SL Green's EVP, director of leasing and real property.
The building, originally constructed in 1914, is a 325,422 square-foot office tower, according to Real Capital Analytics. The 20-story building underwent a $1.6 million lobby renovation in December 2017, led by architect Perkins + Will. This included new stone floors and walls, a reception desk, and refreshed ceilings with new lighting and a mosaic wall. The elevator cabs and mechanicals were completed in early 2017.
Other building tenants include Industrious NYC, Perkins + Will, Rakuten USA, and Global Strategies Group.
Robert Tunis, Eric Ferriello and Sam Einhorn of Colliers International represented Clarifai, Inc. and SL Green in-house brokers were led by Howard Tenenbaum and Gary Rosen in this transaction.
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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.
