Hlth Doubles Footprint at 10 Grand Central Office Tower

April 12, 2022

Marx Realty, a New York-based owner, developer and manager of office, retail and multifamily property across the United States, announced that the largest conference organizer for health innovation, Hlth, has signed a 12,000-square-foot lease expansion and seven-year renewal at its 10 Grand Central office tower in Midtown Manhattan.

Hlth expands its footprint from 7,000 square feet to 19,000 square feet on the sixth and seventh floors. Marx Realty announced it has also signed an additional 15,000 square feet of additional new leases at the property.

Led by Jonathan Weiner, the founder of Money 20/20 and a venture partner at Oak HC/FT, a $1 billion growth equity venture fund, Hlth relocated from 90 Park Avenue to 10 Grand Central in 2019 on the heels of Marx Realty’s announcement of the Beaux-Arts building repositioning.

“Hlth’s significant expansion, along with the building’s brisk leasing activity, is a testament to the appeal of our game-changing hospitality-infused office design sensibility and we’re excited to welcome a remarkable collection of new tenants at 10 Grand Central,” said Craig Deitelzweig, president and CEO of Marx Realty.

Marx Realty also announced a 5,212-square-foot, three-year lease for golf investing company Liv Golf Inc. taking the entire 32nd floor, part of 10 Grand Central’s exclusive Penthouse Collection. The most recent addition at 10 Grand Central, the Penthouse Collection, was developed during the pandemic and consists of 20,000 square feet of ultra luxurious penthouse offices on floors 32 through 36. Floors 32 and 33 have been officially delivered while the rest of the collection is expected to be delivered later this year.

Additional new leases include a 4,782-square-foot, five-year lease with investment advisor Family Management Corp on the 21st floor and a 2,327-square-foot, a three-year lease for real estate technology company Kasa Living on the 21st floor. The building also welcomes Mediterranean restaurant Cava, which will occupy 2,600 square feet of street-level space with frontage on the corner of 44th Street and Third Avenue; the restaurant joins a wide-ranging number of food and retail options at street level, as job creators increasingly seek to provide a welcoming office experience for the workforce. Cava joins Little Collins Australian café as one in the array of café offerings for its tenants.