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New York & Tri-State  + Office  | 
Blackstone reportedly is considering a relocation from its longtime headquarters at 345 Park Ave.

Blackstone Expands Footprint at Longtime 345 Park Ave. Headquarters

Blackstone, a longtime tenant at the Rudin Family’s 345 Park Ave., is expanding its presence at the Midtown tower by 80,000 square feet. This follows a 150,000-square-foot expansion by the asset management giant in 2018 and will bring its total footprint at the property to approximately 720,000 square feet.

Additionally, Blackstone extended all leases in the building for one additional year until 2028.
 
“This expansion marks a significant commitment by one of the financial industry’s leading firms and signals an important part of New York’s recovery,” said Bill Rudin, co-chairman and CEO of Rudin Management Company, the operating arm of Rudin Family holdings. “We are thrilled that Blackstone has chosen to expand and extend our more than 30-year partnership, and we look forward to accommodating their office space needs for many years to come.”
 
Building ownership was represented by Tom Keating of Rudin Management Company.

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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 13-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 15-20 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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