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Deals & Dealmakers

Japanese Consulate to keep space at 299 Park Avenue

Fisher Brothers announced that it has signed a lease extension with the Consulate General of Japan in New York at 299 Park Avenue, its 42-story Plaza District Tower.

The extension, which encompasses 58,244 s/f across the entire 18th and 19th floors, will keep the organization at 299 Park Avenue until 2036.

STUART EISENKRAFT

“As hands-on owners, we set out to provide premier office environments that are fully modernized, thoughtfully designed and offer the highest level of service for our tenants,” said Fisher Brothers partner Ken Fisher.

“As a valued tenant for nearly four decades, the Consulate General of Japan has experienced this first-hand, and we view this long-term extension with the organization as a validation of our efforts.”

Fisher Brothers is set to initiate a major capital improvement program at 299 Park Avenue.

The project, which is being designed by David Rockwell and the Rockwell Group, will incorporate a reimagined lobby; a transformation of the entrance and an illuminated plaza backed by a new exterior lighting system.

Since announcing its renovation plans, Fisher Brothers has secured 316,000 s/f of new leases and renewals at the Plaza District tower, including full floor leases with financial firms One William Street Capital and Varagon Capital Partners.

The company also announced the signing of a new full floor lease with Bardin Hill Investment Partners.

The Consulate General of Japan was represented by Stuart Eisenkraft, Robert Stillman, John Maher and Ariel Ball of CBRE. Fisher Brothers was represented in-house by Marc S. Packman and Charles P. Laginestra.

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