Huron Consulting Group signed a lease for 32,500 square feet at Edward Minskoff’s 1166 Sixth Avenue, the owner told The Real Deal.
Huron, which is currently based at Boston Properties’ [TRDataCustom] 599 Lexington Avenue and specializes in health care consulting, signed a 10-year deal covering part of the third floor at Minskoff’s Midtown tower. The space was asking $75 per square foot.
Minskoff, an avid art collector, recently completed an overhaul of the building, including a renovation to the lobby and the addition of a 25-foot public artwork by the New York City-based street artist KAWS.
“We’re the only developer in New York that puts art in every one of our lobbies,” he said. “We have great art at 1166. People, when they walk in the lobby, the impact of all that together really impresses them.”
Minskoff owns a commercial condo interest covering the 2nd through 21st floors in the 1.7 million-square-foot building between West 45th and West 46th streets.
The global investment firm D.E. Shaw last year renewed its 195,000-square-foot lease in the building, and the financial technology firm Arcesium signed a lease for 39,000 square feet.
JLL’s Paul Glickman, Cynthia Wasserberger, Jonathan Fanuzzi and Diana Biasotti are handling leasing at the building, which has totaled more than 300,000 square feet over the last 18 months.
“The combination of the new lobby, great floor plate and being next to green space next to The Plaza is why it’s so attractive” to tenants, Glickman said.
Ken Rapp, Ramsey Feher, Lisa Konieczka and Bill Sheehy at CBRE negotiated on behalf of Huron.