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New York & Tri-State  + Midtown New York  + Office  |  March 7, 2018
Paul Bubny
By: Paul Bubny

Commodities Firm Signs On at 299 Park

Fisher Brothers has signed commodities trading firm Traxys Group to a full floor at 299 Park Ave. The Luxembourg-based Traxys has signed on for 15 years in a 29,777-square-foot space on the Plaza District tower’s 38th floor and will relocate its New York offices from 825 Third Ave. in 2019.

The Traxys deal brings 299 Park to 85% leased. Traxys was represented by CBRE’s Ken Meyerson, Adam Rabin, and Taylor Scheinman. Fisher Brothers was represented in-house by Marc Packman and Charles Laginestra, and by the NKF team of David Falk, Peter Shimkin, Andrew Sachs, Eric Cagner and Andrew Peretz.

The new tenant joins a roster of financial services firms at the property that already includes Capital One, UBS, GE Capital and American Securities. Fisher Brothers, which built the tower in 1967, plans a major capital improvement program at the property this year.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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