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Long-Term Tenants Renew Seagram Building Leases
RFR’s Seagram building has seen lease renewals among high-profile, long-term tenants totaling more than 61,000 square feet. Home Depot co-founder Ken Langone’s Invemed Associates and Bill Berkley’s Berkely Insurance Group have committed to lease renewals of 7,000 square feet and 18,214 square feet, bringing their tenancies at Seagram to 33 years and 17 years, respectively. Mubadala’s MIC Capital will renew and expand to 36,428 square feet, doubling its space at Seagram and lining up space that won’t become available until 2027.
“As renowned industry titans, Mr. Langone and Mr. Berkley add a larger-than-life energy to the diverse tenant mix at Seagram and complement a host of youthful, high-growth firms at the building,” said AJ Camhi, director of leasing at RFR. “The prestige of a Seagram address is universally sought after and we’re seeing long-term commitments from tenants ranging from savvy innovators to longtime business visionaries. At 99% occupancy, the competition for space here is still incredibly fierce.”
RFR was represented in-house by Camhi and SVP Paul Milunec. Mubadala Investment Group was represented by Justin Aronson of CBRE.
- ◦Lease


