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Houghton Mifflin books space at Cohen Brothers’ 3 Park Ave.

Publisher signs 12-year lease for the 19th and parts of the 18th floor

From left: 3 Park Avenue and Charles Cohen
From left: 3 Park Avenue and Charles Cohen

Publishing house Houghton Mifflin Harcourt is the newest tenant at the Cohen Brothers Realty Corporation’s 3 Park Avenue.

Houghton Mifflin signed a 12-year lease at the building, according to the Wall Street Journal. The Boston-based company will be moving its trade publishing division from 215 Park Avenue South to the new location at 3 Park Avenue, which is located between 33rd and 34th streets, in January 2016. The publisher will occupy the 19th floor and parts of the 18th floor, the newspaper reported.

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Asking rents at the tower were in the high $60s.

Creative and technology tenants have been moving into the area. In the past, mostly traditional Park Avenue tenants such as law firms looked to lease space in the neighborhood. [WSJ, 3rd] — Claire Moses

 

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Charles CohenCohen Brothers RealtyTAMI Tenants