The Real Deal New York

Houghton Mifflin expands at 3 Park Ave., plans to move NYC office

Publisher is adding 55,000 square feet

July 29, 2015 05:43PM

3 Park Avenue in Midtown

3 Park Avenue in Midtown

UPDATED, 12:21 p.m., July 31: Houghton Mifflin Harcourt inked a lease to take 55,000 additional square feet in Cohen Brothers Realty Corporation’s 3 Park Avenue with plans to relocate its New York City offices there.

The 12-year lease is for the 21st and 24th floors, in addition to part of the 18th floor. Asking rent was $63 per square foot, the New York Observer reported.

In December 2014, the company signed a 12-year lease for 35,000 square feet, encompassing the 19th floor and the rest of the 18th floor.

The publisher’s New York office is currently at 215 Park Avenue South.

Marc Horowitz represented the landlord in-house, while David Glassman and Joseph Cabrera of Colliers International represented Houghton Mifflin. [NYO] — Tess Hofmann