320 Park Avenue | The Real Deal New York

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320 Park Avenue

320 Park Avenue
New York, NY 10022
Office, Leasing/Rental
320 Park Avenue
  • Address 320 Park Avenue
  • neighborhood Plaza District
  • borough Manhattan
  • owner entity MUTUAL AMER LIFE INSU
  • floors 33
  • Year Built 1994
  • commercial units 2
  • square feet 656,436
  • block and lot 1-01286-0035
  • BIN 1035464
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320-park-avenueFB
06/25/14
...Savills Studley's Ken Ruderman and 320 Park Avenue Investment management firm Pzena Investment Management is departing 120 West 45th...

320parkavenue.jpg
10/26/11
...System, or OMERS, is opening its first American office at 320 Park Avenue near 51st Street, the fund announced, in hopes of expanding...

03/08/11
...From left: 440 Ninth Avenue, 320 Park Avenue and 515 Madison Avenue Commercial brokerage Newmark Knight Frank has been...

07/08/10
...From left, 11 Times Square, 320 Park Avenue, 1 Bryant Park and CBRE's Peter TurchinThe downturn has sharply reduced...

03/22/10
...is predicting further declines: JPMorgan Chase’s 150,000 square feet at 320 Park Avenue is nearing a deal, said Richard Bernstein, a vice chairman...

financial_firm.jpg
12/23/08
...Street; and Bear Stearns, which is offering 97,000 square feet at 320 Park Avenue, FirstService Williams data showed.Legal services firm Cadwalader, Wickersham &...

49029_bearstearns.jpg
03/17/08
...space at its headquarters and leases office space at 230, 237 and 320 Park Avenue and 909 Third Avenue, according to CB Richard Ellis. The Bear...
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 3,913
  • Publication Date 08/01/2015
  • Event Date 06/22/2015
  • Party 1 Brokerage JLL
  • Party 2 DBV Technologies S.A.
  • Party 2 Brokerage ABS Partners Real Estate
  • Party 2 Broker John Brod, Charles Conwell, Joseph LaRosa
notes
The company signed a two-year, one-month lease for part of the 19th floor.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 19,274
  • Publication Date 01/01/2011
  • Event Date 11/22/2010
  • Party 1 Mutual of America Life Insurance Company
  • Party 1 Brokerage JLL
  • Party 1 Broker Frank Doyle, David Kleiner
  • Party 2 Ontario Municipal Employees Retirement System
  • Party 2 Brokerage CBRE
  • Party 2 Broker John Nugent, Anthony LoPresti
notes
The pension fund signed a lease on the 17th floor.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 49,678
  • Publication Date 01/01/2011
  • Event Date 11/22/2010
  • Party 1 Mutual of America Life Insurance Company
  • Party 1 Brokerage JLL
  • Party 1 Broker Frank Doyle, David Kleiner
  • Party 2 Weiss Multi-Strategy Advisers
  • Party 2 Brokerage Cassidy Turley
  • Party 2 Broker Mark Boisi, Nicola Heryet
notes
The hedge fund manager signed a lease renewal on the 10th, 20th and 21st floors.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 68,669
  • Publication Date 10/01/2010
  • Event Date 08/22/2010
  • Party 1 JPMorgan Chase
  • Party 1 Brokerage Cassidy Turley
  • Party 2 Mizuho Securities USA
  • Party 2 Brokerage JLL
  • Party 2 Broker Paul Formichelli, James Wenk
notes
The investment bank subleased the entire 11th and 12th floors for 10 years.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 8,000
  • Publication Date 02/01/2007
  • Event Date 12/23/2006
  • Party 1 Mutual of America
  • Party 1 Brokerage JLL
  • Party 1 Broker Frank Doyle, David Kleiner
  • Party 2 Standard Americas
notes
The bank signed an expansion lease.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 100,000
  • Publication Date 09/01/2006
  • Event Date 07/23/2006
  • Party 2 Bear Stearns
  • Party 2 Brokerage CBRE
  • Party 2 Broker David Levinson
notes
The company had been seeking larger offices and decided to divide its 250,000-square-foot requirement into smaller spaces. The firm currently occupies 97,000 square feet at this property and has expansion rights. It also took space at 237 Park Avenue.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 14,197
  • Publication Date 02/01/2006
  • Event Date 12/23/2005
  • Party 1 Safdie Investment Services
  • Party 1 Brokerage Staubach Company
  • Party 1 Broker Lindsay Ornstein, James Wenk
  • Party 2 George Weiss Associates
  • Party 2 Brokerage Cassidy Turley
  • Party 2 Broker Nicola Heryet
notes
Firm subleases space on the 21st floor.
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 29,000
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Mutual of America
  • Party 1 Brokerage JLL
  • Party 1 Broker Frank Doyle, David Kleiner
  • Party 2 Welsh Carson Anderson & Stowe
  • Party 2 Brokerage USI Real Estate Brokerage Services
  • Party 2 Broker Robert Emden, Stephen Gordon
notes
Signs early renewal
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 15,000
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Mutual of America
  • Party 1 Brokerage JLL
  • Party 1 Broker Frank Doyle, David Kleiner
  • Party 2 EOS Partners
  • Party 2 Brokerage JLL
  • Party 2 Broker Frank Doyle, David Kleiner
notes
Expands and relocates in building
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 69,000
  • Publication Date 12/01/2004
  • Event Date 10/22/2004
  • Party 1 Mutual of America
  • Party 1 Brokerage JLL
  • Party 2 Bear Stearns
  • Party 2 Brokerage CBRE
notes
Financial services firm also has option expand in 2007
  • Event Office Leasing
  • Address 320 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 8,494
  • Publication Date 12/01/2004
  • Event Date 10/22/2004
  • Party 1 Silver Lake Partners
  • Party 1 Brokerage Grubb & Ellis
  • Party 1 Broker Howard Rosen, John Cannon, Jim DePietro
  • Party 2 Scout Capital Management
notes
Two-year, 9-month lease

Commercial Market Report
One aspect of the Manhattan’s office leasing market was stuck in the summer doldrums last month, as landlords put far fewer square feet on the...

Source: Information from Cassidy Turley, CBRE, and news sources. Numbers are for portions of building, not entire towers. Three years ago, with the country in the...

The high volume of leasing in recent months, fueled in part by tenants signing early renewals at sharply reduced prices, could come back to bite...

Click chart to see enlarged version While Manhattan buildings have seen sale discounts as high as 70 percent in this recession, this is not the first...
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