Asset manager Varagon takes take full floor at 299 Park

TRD New York /
Nov.November 09, 2017 09:04 AM

299 Park Avenue (Credit: Wikimedia/Urbanrenewal)

Fisher Brothers’ 299 Park Avenue now has a tenant for the third floor.

Varagon Capital Partners, an asset manager, signed a 28,316-square-foot lease at the 1.2 million-square-foot building, spanning the entire third story of the 42-story tower, according to Real Estate Weekly. The firm was previously located at 488 Madison Avenue and plans to Move Into Park Avenue by the end of the year.

Fisher Brothers recently inked a 25,000-square-foot lease for Valerie Wilson Travel and a 60,000-square-foot lease for the information-services firm Informa in their building at 605 Third Avenue.

In 2013, Capital One signed a deal to occupy 250,000 square feet at 299 Park. UBS Bank, which occupied as much as 466,000 square feet in 2000, clawed back its footprint last year to 120,000 square feet. [REW] – Eddie Small

Related Articles


Small Talk: Every community meeting. About every development project. Ever.

42-50 24th Street and (from left) Arnold, Kenneth, Steven and Winston Fisher (Credit: Google Maps)

Fisher Bros. wants to bring a 240-unit mixed-use project to LIC

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation