The year-end leasing whirlwind swept through RXR’s 230 Park Ave., aka the Helmsley Building. Some 108,000 square feet of deals were inked at the end of December, including a 51,000- square-foot expansion by Regus, renewal and expansion by Hunt Companies, and new leases for Onyx Renewable Partners and Sweetgreen (retail). The deals bring the 1.35-million-square-foot tower to 90 percent leased. Asking rents for remaining available space range from the mid-$70s per square foot to mid-$90s. There’s a screen-switch at Tangram, the big, mixed-use project in Flushing now under development by F&T Group and SCG America. The Regal cinema chain has replaced previously announced South Korean outfit CJ CGV as operator of the complex’s 34,000- square-foot, seven-screen movie mecca. Although the Korean company signed a lease last year, “both sides mutually agreed to part ways,” F&T reps said.
Regus has signed a deal to expand its centre located in RXR’s building at 230 Park Avenue by 51,000 sq ft. The company will be moving into the new space on September 1, and is expected to employ about 100 people.