Upgrades for 10 Grand Central Spur Leasing Activity

Shortly after Marx Realty unveiled plans to reposition the 10 Grand Central office tower at 155 E. 44th St., the initiative has paid off in leasing activity. Benenson Capital Partners has extended its 15,000-square-foot lease, while White Oak Equity Partners is preparing to move into a 2,500-square-foot pre-built.

Additional new leases, expansions and extensions were signed with law firm Marks O’Neill; nonprofits TRNC, World Federalist Movement and CGB New York; financial consultancy PMC Treasury; and hedge fund research provider Global Source Partners. In all, Marx has inked 37,000 square feet of deals recently.

“These firms understand the value of investing in quality, high-end spaces and communal amenities,” said Marx CEO Craig Deitelzweig. “The location in the Grand Central submarket of Midtown is also a very attractive proposition for firms seeking a ‘prestige’ address to distinguish them from the pack.”

JLL’s Howard Hersch and Clark Finney are handling the leasing effort.