Park Avenue, New York City.
NEW YORK CITY – RXR Realty, a New York tri-state real estate owner and operator, has leased up 73,000 square feet at 230 Park Ave. in Midtown Manhattan. INTL FCStone Inc., a global brokerage and financial services firm will occupy the space, which spans the entire 10th floor of the property.
INTL FCStone will leave its separate offices at 155 East 44th St. and 530 Fifth Ave. to move into RXR's 1.4 million square foot office building.
Standing 34 stories tall, 230 Park Ave. is located between 45th and 46th Streets and had underwent a $100 million capital improvement renovation that included the installation of a new HVAC system, electrical infrastructure, fiber backbone for faster fiber speeds, security system with mobile phone technology, upgraded pedestrian walkways, tenant amenity space on the 5th floor with conferencing, lounge and outdoor terrace and the repositioning of the retail space on 46th Street and Vanderbilt Ave.
"We're excited to welcome a tenant of INTL FCStone's caliber to 230 Park Avenue," said William Elder, executive vice president and, managing director of RXR Realty's New York City Division. "Attracting this highly respected Fortune 500 company is a testament to the significant capital improvements we made to the infrastructure and enhancements to the amenities in the building, along with an unparalleled Grand Central location."
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
