Revlon grabs 92K square feet at 1 New York Plaza

Cosmetics company to leave 237 Park by the fall

TRD New York /
Mar.March 05, 2014 12:35 PM

Cosmetics titan Revlon inked a 15-year lease for nearly 92,000-square-feet across two penthouse floors at Brookfield Office Properties’ 1 New York Plaza in Lower Manhattan.

The space on the 49th floor features 13-foot-high ceilings, while the 50th floor was initially designed to be a club. Asking rent was $50 per square foot. Architect Ted Moudis was tapped to handle designs for Revlon’s new space. Revlon currently pays about $70 per square foot at 237 Park Avenue, where its 10-year lease expires in the fall.

Cushman & Wakefield brokers Jodi Roberts and Josh Kuriloff represented Revlon, while Brookfield’s Jerry Larkin and Duncan McCuaig represented the landlord in-house along with a CBRE team of Ken Rapp, Adam Foster and Peter Turchin.

Architectural design firm Davis Brody Bond signed a 26,354-square-foot lease at One New York Plaza in January, as previously reported. [NYP]Mark Maurer

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