City’s Department of Investigation officially signs at 180 Maiden

City Hall still needs to approve the 276K sf lease: report

New York /
Aug.August 28, 2017 06:30 PM

The Department of Investigation has finally inked a deal to take 276,000 square feet at Clarion Partners and MHP Real Estate Services’ 180 Maiden Lane.

The lease has been in the works for some time, and still requires sign off from City Hall, sources told the New York Post. The lease — which will mean the DOI is expanding its space by 75,000 — has been in the works for nearly a year. The new office will bring together five of the DOI locations, and it will occupy floors 15 through 25 at the 1.35 million-square-foot tower, according to earlier reports.

The lease was put on hold because officials were waiting to see the impact of federal cuts before committing to long-term deals, according to the Post.  However, one of the deals that was allegedly held up, the Human Resources Administration lease renewal of 349,777 square feet at 109 East 16th Street, went ahead in April.  [NYP]Miriam Hall


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