100 Park Avenue | The Real Deal New York

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100 Park Avenue

100 Park Avenue
New York, NY 10017
Office, Leasing/Rental

100 Park Avenue is a 443-foot office skyscraper in Midtown, Manhattan. Designed by Kahn & Jacobs architects, the 1949 glass and steel office tower exemplifies the international style. The building is LEED Gold certified and contains 834,000 square feet.

The building was acquired in 2000 by a joint venture between SL Green Realty and¾Prudential Real Estate Investors for $192 million. The partners provided $70 million in upgrades to the building in 2007. Major tenants at the skyscraper include BDO Seidman (121,441 square feet), Wells Fargo (102,805 square feet), Aecom Technology (109,000 square feet), Ameriprise, WPP (43,294 square feet) and Aetna (40,139 square feet).

In 2007, the tower was one of the first below 42nd street to pass the 100-per-square-foot barrier, when General American Investors signed a lease priced at $105 a square foot.

-WP

  • Year Built 1950
  • square feet 778,203
  • block and lot 1-01275-0027
  • BIN 1035319

08/09/18
...it leases in Midtown at SL Green Realty's 100 Park Avenue and Empire State Realty Trust's 1333 Broadway. "We are combining multiple existing locations into one...

01/25/18
...based in Boston but has an office at 100 Park Avenue. Atlanta-based Ankura, meanwhile, signed a nearly 16-year, 29,574-square-foot deal. The firm’s New York...

...in the same building as AECOM Tishman at 100 Park Avenue, located 13 floors higher. At the time of the acquisition, AECOM had 48,100 employees and brought...

04/12/17
...100 Park Avenue ABN AMRO is renewing its lease at SL Green Realty Corp.'s 100 Park Avenue...

10/11/16
In a market where developers are falling over themselves to offer sweeteners to buyers, one builder is targeting brokers instead. Toll Brothers City Living is...

07/29/16
...Neustar office in Washington, D.C., and 100 Park Avenue in Midtown Neustar, a provider of real-time information and analytics to telecom, finance and...

04/21/16
...a 104,000 square foot renewal with Wells Fargo at 100 Park Avenue in Midtown. Holliday also said the REIT, Manhattan's largest office landlord, had a “near-term...

04/20/16
...a nearly 104,000-square-foot renewal with Wells Fargo at 100 Park Avenue; a new 71,000-square-foot lease with Media Assembly at 711 Third Avenue; and a new 35,000-square-foot...

09/23/14
A record number of properties priced at $4 million or more went into contract last week, from Sept. 15-21, according to Olshan Realty’s luxury market...

06/06/14
UPDATED 2:40 p.m., June 6: Alfred and Patsy Kahn, who bought Bernie Madoff’s penthouse on the Upper East Side, are in contract to sell the three-bedroom,...

03/14/14
...Marc Holliday and 100 Park Avenue Real estate investment trust SL Green and Prudential Real Estate Investors completed a $360 million...

10/24/13
Philanthropist Patsy Kahn, who previously purchased Bernie Madoff’s Upper East Side penthouse with her toy mogul ex-husband, has picked up a co-op apartment at 1100...

...banks in the refinancing of SL Green’s 100 Park Avenue. But investment from German companies is now less common. In 2012, German investors placed just...

...space at 521 Fifth Avenue and 43,294 square feet at 100 Park Avenue. And at the time of the REIT’s April earnings call, the REIT had...

02/13/12
...County, while American Can, which was based at 100 Park Avenue, consolidated its 2,000 employees in Greenwich, Conn. They both relocated a few years after the...

12/16/11
...and intimated employees during demonstrations at Tishman’s 100 Park Avenue offices. According to the suit, filed in Manhattan Supreme Court Dec. 9, the Bronx-based union...

10/12/11
...which leases 43,000 square feet to its subsidiaries in 100 Park Avenue. Ogilvy & Mather also has a 564,363-square-foot lease at 636 Eleventh Avenue...

...more eminent rehabilitation work can be found at 100 Park Avenue, the Colgate-Palmolive Building at 300 Park Avenue, and 430 Park Avenue, not to mention 1095 Avenue of...

03/07/11
...who handles leasing for SL Green, which owns 100 Park Avenue, told the Wall Street Journal. "And some of those tenants dumped their space at...

...Fargo, which symbolically continues to expand in its 100 Park Avenue home, and which maintains a sizable retail banking presence because of its takeover of...

02/04/11
...expanding its office space at SL Green’s 100 Park Avenue for the fourth time in three years, the Observer reported. The latest deal, which...

04/12/10
...most high-end offerings, including the tower floors at 100 Park Avenue. At the Seagram Building and the Lever House on Park Avenue, asking rents are...

03/29/10
...of 810 Seventh Avenue and the tower floors of 100 Park Avenue. SL Green says it has the clients to back up its changes -- while...

01/25/10
...Vornado Realty Trust’s 330 Madison Avenue, along with 100 Park Avenue and 444 Madison Avenue recently added terraces to their lists of amenities. Whereas outdoor space...

01/05/10
...Real Estate Investors completed a $215 million refinancing of 100 Park Avenue. Two German lenders, DekaBank and Helaba, led a group of banks in the refinancing...
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 54,037
notes
ABN AMRO Holdings USA, a Dutch bank, has renewed and expanded its office lease, adding 10,889 sf of space and more than 10 years to its term.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 23,000
notes
The real-time information and analytics company signed a lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 103,000
notes
The bank renewed its 5-year lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 8,583
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 American Teleconferencing
  • Party 2 Townhouse Partners Consulting
  • Party 2 Brokerage CBRE
  • Party 2 Broker Jesse de la Rama, William Iacovelli
notes
The consulting firm signed a sublease on the 29th floor.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 9,620
notes
The law firm signed a lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 10,889
  • Price per foot $ 85.00
notes
The insurance company signed an expansion lease.
  • Event Retail Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 1,000
notes
The restaurant signed a lease for its third location.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 43,294
  • Publication Date 03/01/2013
  • Event Date 01/20/2013
  • Party 1 SL Green Realty
  • Party 2 WPP Group
notes
The communications services company signed a lease renewal on the entire fourth floor.
  • Event Retail Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 6,500
notes
The golf store signed a long-term lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 34,044
notes
The asset-based lending subsidiary of Wells Fargo signed an expansion lease on the entire 14th floor.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 10,887
notes
The law firm signed a six-year lease extension.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 750
  • Publication Date 09/01/2010
  • Event Date 07/23/2010
  • Party 1 Brokerage Regus Group
  • Party 1 Broker Shannon West
  • Party 2 Ohl USA
  • Party 2 Brokerage NYCRS
  • Party 2 Broker Lou Posner
notes
The construction and engineering firm signed a one-year lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 12,065
  • Price per foot $ 60.00
notes
The California-based bank's trade capital arm signed a 10-year lease to expand onto the second floor, bringing its total occupancy in the building to 69,226 square feet.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 10,985
  • Price per foot $ 75.00
notes
The executive search firm inked a 10-year lease for the 34th floor.
  • Event Retail Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 900
  • Publication Date 03/01/2010
  • Event Date 01/20/2010
  • Party 1 SL Green Realty
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Jeffrey Roseman
  • Party 2 Metropolitan Shoe Repair and Shoe Shine LLC
  • Party 2 Brokerage ATCO Properties & Management
  • Party 2 Broker Peter Goldich
notes
The shoe repair shop signed a new 10-year, five-month lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,122
notes
The investment management firm inked an expansion lease to occupy the entire 32nd floor. The company now has 10,985 square feet of space for a 10-year term.
  • Event Financing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 826,000
  • Price $ 215,000,000
  • Price per foot $ 1,000,000.00
notes
A $215 million loan was provided to refinance the property. The agreement calls for the borrowers to pay a fixed rate of 6.64 percent for the new mortgage, which matures in 2014. The deal includes two one-year options to extend and allows SL Green and Prudential to retire an existing $175 million mortgage. 36-story office building.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,863
notes
The investment management company inked a new lease for five years and three and a half months.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 20,626
  • Price per foot $ 70.00
notes
The Fortis Bank Nederland subsidiary signed a lease.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 40,139
  • Price per foot $ 65.00
notes
The healthcare benefits company signed a new 10-year lease for the entire 12th floor. The company is relocating from 99 Park Avenue.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 15,945
  • Price per foot $ 80.00
  • Publication Date 06/01/2009
  • Event Date 04/22/2009
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 First Wall Street Group
  • Party 2 Brokerage In-house
notes
The real estate and financial investment firm signed a seven-year lease for the entire 20th floor. The tenant had been subleasing the space for six years.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 12,293
  • Price per foot $ 70.00
notes
The financial services firm signed a 10-year lease for a portion of the second floor. The tenant had signed a 10-year lease for 48,000 square feet in the building in February.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,934
notes
The law firm signed a two-year lease renewal.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 44,716
notes
The Wells Fargo Bank subsidiary signed a new 10-year lease for the entire third floor.
  • Event Office Leasing
  • Address 100 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,479
  • Publication Date 11/01/2008
  • Event Date 09/22/2008
  • Party 1 SL Green Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Tara Stacom
  • Party 2 Morgan Creek Capital Management
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Eric Dresdale
notes
The investment adviser signed a five-year lease for a portion of the 28th floor.
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...Labaton, Sucharow & Rudoff moved its offices from 100 Park Avenue to a 75,000-square-foot space at 140 Broadway. The Class A average asking rent closed in...