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New York & Tri-State  + Midtown New York  + Office  | 
Marx Realty Signs Expansion and Extension at 10 Grand Central

Data Firm Relocates from 375 Park to 10 Grand Central

Data operations and delivery firm Crux Informatics signed a full-floor, 18,000-square-foot, seven-year lease at Marx Realty’s 10 Grand Central. The company is relocating from the Seagram Building at 375 Park Ave.

JLL’s Howard Hersch, Sam Seiler, Brett Harvey and Cynthia Wasserberger lead a team handling the leasing for Marx Realty at the Midtown East office property. Crux Infomatics was self-representing in leasing negotiations.

Marx Realty has signed 178,000 square feet of new leases since the announcement of the building’s repositioning less than a year ago. During that time, occupancy has increased from 78% to 92%.

“We’ve created a new asset class encompassing both a game-changing hospitality-infused office product and our track record of innovative building management. Both are a big selling point for tenants underwhelmed with the level of services and finishes offered by other New York landlords,” said Craig Deitelzweig, president and CEO of Marx Realty.

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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 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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