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Bloomberg Extends 1M-SF HQ Lease at 731 Lex
Alexander’s, Inc. has extended Bloomberg LP’s lease at 731 Lexington Avenue through 2040, maintaining the company’s headquarters there. Bloomberg will occupy all 946,815 square feet of office space in the building, which it has called its largest global headquarters, housing 7,000 of its 12,000 New York-based employees.
“731 Lexington remains a best-in-class Midtown tower, impeccable in its design by Ceasar and Rafael Pelli, and light years ahead of the curve technologically,” said Steven Roth, Chairman and CEO of both Vornado and Alexander’s. “Bloomberg’s decision to remain is a testament to the rare and enduring quality of the tower as well as to our successful decades-long partnership.”
731 Lexington Avenue, a 56-story mixed-use tower, boasts a signature elliptical courtyard and luminous crown, serving as a landmark in Manhattan and Queens. It offers approximately 250,000 square feet of retail space and is home to One Beacon Court, a luxury residential condominium development.
- ◦Lease
