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New York & Tri-State  + Midtown New York  + Office  | 

Blue Owl Adds Four Floors to Seagram Building Office Space

Global alternative asset manager Blue Owl Capital has extended its 168,597-square-foot lease on the second through sixth floors at the Seagram Building by 70,076 square feet to include the 16th through 19th floors.  The firm will occupy 238,673 square feet at Seagram, bringing the building at 375 Park Ave. in Midtown to nearly 100% occupancy.

“It’s been a pleasure partnering with Blue Owl over the past two years as they continue to grow and acquire other companies,” said AJ Camhi, EVP and director of leasing at RFR Realty, the property’s owner. “Blue Owl has a definitive appreciation for the history of this iconic building and we are excited to share the same commitment to providing best-in-class service and remarkable experiences as we continue to build on our strong relationship.”

Blue Owl first signed on at Seagram in 2022 with a 137,600-squre-foot lease, adding 31,597 square feet in 2023. In the latest expansion, Blue Owl was represented by Mark Weiss of Cushman and Wakefield, while RFR Realty was represented in-house by Camhi and SVP Paul Milunec.

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RFR RealtyCushman & Wakefield's Weiss

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).

  • ◦Lease
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