110 E. 59th St., Jack Resnick & Son's Midtown East, Plaza District office tower
NEW YORK CITY—RP Management signed a 10-year lease renewal and expansion totaling approximately 30,000 square feet at 110 E. 59th St. The Jack Resnick & Sons' 37-story, 612,000 square-foot office building in Manhattan's Plaza District between Park Avenue and Lexington Avenue is now 100% occupied. Asking rents for the property are in the $90s per square foot.
The tenant, the investment manager for the pharmaceutical royalties firm Royalty Pharma, currently occupies 16,744 square feet on the entire 33rd floor and part of the 32nd floor. With this new contract, it will also take the entire 28th floor, adding an additional 13,284 square feet.
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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.
