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Upgrades for 10 Grand Central Spur Leasing Activity

Shortly after Marx Realty unveiled plans to reposition the 10 Grand Central office tower at 155 E. 44th St., the initiative has paid off in leasing activity. Benenson Capital Partners has extended its 15,000-square-foot lease, while White Oak Equity Partners is preparing to move into a 2,500-square-foot pre-built.

Additional new leases, expansions and extensions were signed with law firm Marks O’Neill; nonprofits TRNC, World Federalist Movement and CGB New York; financial consultancy PMC Treasury; and hedge fund research provider Global Source Partners. In all, Marx has inked 37,000 square feet of deals recently.

“These firms understand the value of investing in quality, high-end spaces and communal amenities,” said Marx CEO Craig Deitelzweig. “The location in the Grand Central submarket of Midtown is also a very attractive proposition for firms seeking a ‘prestige’ address to distinguish them from the pack.”

JLL’s Howard Hersch and Clark Finney are handling the leasing effort.

For comments, questions or concerns, please contact Paul Bubny</a

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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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