Bloomberg LP is taking 68,000 more square feet at its 120 Park Avenue address, the New York Post reported.
Although the media and financial organization is based at the Bloomberg Tower at 731 Lexington Avenue, the company leased 482,399 square feet, or 12 floors, at the 600,000-square-foot, 26-story Park Avenue office tower in 2011, as The Real Deal reported. Now, Bloomberg LP has taken additional space at for its Midtown East satellite office, including one full floor and a wraparound terrace, the Post said.
Global Holdings affiliate Eastgate Realty owns the building, which has now reached full occupancy, the Post said.
Jones Lang LaSalle’s Paul Glickman, who handles leasing for the building, was unavailable for comment to the Post on the value of the deal. [NYP, 1st item] –Mark Maurer