New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Private Equity Firm Takes Two Floors at 425 Park Ave.
Global private equity firm Hellman & Friedman LLC has signed a lease to relocate its New York offices to L&L Holding Company’s 425 Park Avenue, the 47-story office tower that’s approaching completion in Midtown Manhattan. Hellman & Friedman LLC will occupy 27,800 square feet on two floors.
As part of a 15-year lease, the firm will relocate from Lever House during the fourth quarter of 2021.
Hellman & Friedman LLC was represented in the transaction by Cushman & Wakefield’s Jonathan Serko, Barry Zeller, Andrew Ross, Richard Serko, Ed Donnery and Mike Middleton. L&L was represented in-house by Andrew Wiener and David C. Berkey.
Noah Shapiro of Holland & Knight provided counsel to building ownership, while Hellman & Friedman LLC was represented by Jennifer Yashar and Melanie Taylor of Fried Frank, Harris, Shriver & Jacobson LLP.
- ◦Lease
