Helmsley Trust moves into Helmsley Building

New York /
Aug.August 04, 2013 06:00 PM

A charitable trust named in part after the late Leona Helmsley is moving into a building once owned by and named after the woman, the New York Observer reported.

The Leona M. and Harry B. Helmsley Charitable Trust has signed a lease for 5,400 square feet at 230 Park Avenue, formerly known as the Helmsley Building. The trust will occupy a space on the fifth floor of the 35-story, 1.4 million-square-foot building at East 45th Street. The space will serve as the charitable organization’s New York office. The trust also has an office in Sioux Falls, South Dakota.

Even though the building is still informally known as the Helmsley Building, Helmsley-Spear Management no longer owns it. The property is currently owned by a joint venture between Monday Properties and Invesco.

The trust moving in follows two other tenants signing leases in the property. Dallas-based financial services company Comerica will occupy 1,800-square-feet on the sixth floor, while Little Rock, Arkansas-based Bank of the Ozarks will occupy 2,400-square-feet on the ninth floor.

The three leases follow investment management giant ING recently expanding its presence in the building from 55,000 square feet to 144,000-square-feet across the entire 13th and 14th floors. [NYO] – James Comtois


Related Articles

arrow_forward_ios
Michael Gronager, chief executive officer, Chainalysis, in front of 114 Fifth Avenue (Chainalysis, LoopNet/Illustration by Steven Dilakian for The Real Deal)
Crypto data firm doubles space at Flatiron office
Crypto data firm doubles space at Flatiron office
(iStock)
Unprecedented landlord incentives powering U.S. office market recovery
Unprecedented landlord incentives powering U.S. office market recovery
1333 South Congress Avenue in Austin, Texas and Tecovas CEO Paul Hedrick (Google Maps, Twitter)
These boots are made for lending
These boots are made for lending
Noel Quinn, chief executive, HSBC Group; renderings of 66 Hudson Blvd (HSBC, Tishman Speyer)
HSBC eyeing move to Tishman Speyer’s Spiral
HSBC eyeing move to Tishman Speyer’s Spiral
IBM, Franklin Templeton eyeing SL Green’s One Madison
IBM, Franklin Templeton eyeing SL Green’s One Madison
IBM, Franklin Templeton eyeing SL Green’s One Madison
Anthony Wood, chief executive officer, Roku, and 5 Times Square in Manhattan (Getty Images, Wikipedia/Eden, Janine and Jim, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Roku racks up big lease at RXR’s 5 Times Square
Roku racks up big lease at RXR’s 5 Times Square
Joseph DePaolo, chief executive officer, Signature Bank in front of 1400 Broadway in Manhattan (Signature Bank, LoopNet, iStock/Illustration by Steven Dilakian for The Real Deal)
Signature Bank doubles down on ESRT’s 1400 Broadway
Signature Bank doubles down on ESRT’s 1400 Broadway
Global Holdings chairman Eyal Ofer and 1250 Broadway in Manhattan (Ofer Global, NOMAD TOWER, iStock)
Global Holdings signs flurry of leases at Nomad Tower
Global Holdings signs flurry of leases at Nomad Tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...