September 30, 2019

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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