Bank of India, IQ-EQ Sign Long-Term Leases at Midtown Tower

JLL has secured 28,762 square feet of office space through two long-term transactions at 1212 Ave. of the Americas, a 24-story Midtown office tower owned by Stawski Partners.

Bank of India, New York Branch, the commercial bank owned by the Government of India, leased the entire 14,630-square-foot 12th floor in a 20-year lease. IQ-EQ Fund Services, the U.S. division of the global investor services group, signed a 10-year lease for the entire 14,132-square-foot 14th floor.

The transactions come as Stawski Partners introduces a 15,000-square-foot hospitality and amenity center designed by A+I and schedule for completion in 2027 “Stawski Partners has consistently invested in 1212 Avenue of the Americas with an eye toward what tenants want next,” said Paul Glickman, vice chairman, JLL.

Glickman, along with SVP Diana Biasotti, executive managing director Greg Wang and EVP Harrison Potter, represented Stawski Partners. JLL New York vice chairman Matthew Astrachan, EVPs Kristen Morgan and Seth Godnick, together with managing director Jamie Boast of JLL’s Charlotte office, represented IQ-EQ. Bank of India was represented by Chris Helgesen, Dirk Hrobsky, and Alejandro Alvarez of Cushman & Wakefield and Joseph Hilton of Joseph Hilton & Associates.

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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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