Grand Central Place gets new tenant

Shipping management company Fairfield-Maxwell is moving from the Chrysler Building to 1 Grand Central Place, previously known as the Lincoln Building. The company signed a 15-year lease for 9,550 square feet, a slightly larger space than its current one. The asking rent for The 60 East 42nd Street space was $65 per square foot. W & H Properties, the building’s landlord, is trying to sign more high-profile tenants, said Fred Posniak, senior vice president at W & H Properties.

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