Park Avenue Tower, 65 E. 55th St./ photo credit: Real Estate Arts
NEW YORK CITY—CLEAR will be moving into 24,640 square feet of office space at Park Avenue Tower, signing a lease with EQ Office, the office portfolio company owned by Blackstone's real estate funds. The biometrics company that's use for security processing at airports, stadiums and other venues that attract massive numbers of people has agreed to a 10-year lease. Asking rents were not provided.
CLEAR is relocating from 650 Fifth Ave. to 65 E. 55th St. between Park and Madison avenues. The company will occupy the entire 17th floor, starting at the end of 2018. It will expand into a portion of the 16th floor in early 2019. Both spaces will be built out to accommodate the tenant requirements.
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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.
