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 property, also known as the Helmsey Building, is now 88% leased.