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New York

Blackstone picks up 27th floor at 345 Park Avenue

Lease extension brings occupancy term to 2027

From top left: Neil Goldmacher, Mark Weiss and 345 Park Avenue
From top left: Neil Goldmacher, Mark Weiss and 345 Park Avenue

The Blackstone Group Is Sticking With Its 345 Park Avenue space, having renewed its lease and picked up an additional 38,846 square feet.

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The deal adds the 27th floor to Blackstone’s spread, an expansion that brings the investment and advisory firm’s space to a total of 489,495 square feet in Rudin Management’s building. The deal extends the firm’s lease to 2027.

Neil Goldmacher and Mark Weiss of Newmark Grubb Knight Frank represented the tenant in the deal, while Tom Keating represented Rudin in-house, the New York Post reported. [NYP, 3rd item] — Julie Strickland

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Blackstone GroupNewmark Knight Frank