Paramount finalizes big lease deal with travel group at 1633 Broadway

Travel Leaders Group will take 35 and 36th floors

New York /
Aug.August 08, 2017 10:00 AM

A division of Travel Leaders Group has inked a 16.5-year lease at Paramount Group’s 1633 Broadway.

The travel management company’s “Elite” division, which includes Tzell Travel Group and Protravel International, will move its headquarters to the Midtown office tower, the New York Post reported. Tzell and Protravel plan to take 106,000 square feet on the 35th and 36th floors of the building. The terms of the deal weren’t available, but the asking price for the space was $85 per square foot.

The Real Deal first reported last month that Tzell was close to signing a lease for roughly 90,000 square feet of space in the 2.6-million-square-foot building. Travel Leaders’ new office is part of a contiguous block of space that professional services firm Deloitte left in April.

Colliers International’s Robert Tunis and Eric Ferriello represented Travel Leaders. Paramount Group was represented in-house by Doug Neye and by CBRE’s Stephen Siegel, Paul Amrich, Patrice Meagher, Rob Hill, Howard Fiddle and Emily Jones. [NYP] — Kathryn Brenzel 


Related Articles

arrow_forward_ios
29 West 34th Street and Jeff Sutton of Wharton Properties (Google Maps)
Jeff Sutton will get $9M back from Geox
Jeff Sutton will get $9M back from Geox
CMBS issuance is set to break Great Financial Crisis record, report
CMBS set to break Financial Crisis record
CMBS set to break Financial Crisis record
Aby Rosen dodges liability at Gramercy Park Hotel
Aby Rosen dodges liability at Gramercy Park Hotel
Aby Rosen dodges liability at Gramercy Park Hotel
NYCB CEO Thomas Cangemi (Getty, Cangemi)
NYCB says multifamily loans in good shape, not endangered by rent law
NYCB says multifamily loans in good shape, not endangered by rent law
2 N Lasalle Street & 200 W Jackson Boulevard in Chicago (us.jll.com, hearncompany.com)
NY’s Foundation Capital, Nightingale aim to buy Loop office towers
NY’s Foundation Capital, Nightingale aim to buy Loop office towers
Padel (it’s a sport!) club to open in Brooklyn warehouse
Padel (it’s a sport!) club to open in Brooklyn warehouse
Padel (it’s a sport!) club to open in Brooklyn warehouse
Food52 CEO Amanda Hesser, Rudin Management president Eric Rudin and 1 Dock 72 Way in Brooklyn (Getty, Rudin)
Rudin’s Dock 72 notches Food52 as second tenant
Rudin’s Dock 72 notches Food52 as second tenant
Will 10 new towers pay for Penn Station?
MTA chair: 10 new towers may not fund Penn Station expansion
MTA chair: 10 new towers may not fund Penn Station expansion
arrow_forward_ios

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

Loading...