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Deals & Dealmakers

Engineers take 60,000 s/f at upgraded 7th Avenue tower


George Comfort & Sons has signed a new 60,000 s/f lease with Tetra Tech, Inc., a provider of consulting and engineering services, at 498 Seventh Avenue, its 25-story office tower in Midtown.

A majority of Tetra Tech’s space at 498 Seventh Avenue, which encompasses the entire 15th floor and a portion of the 14th floor, will be occupied by Cosentini Associates, a Tetra Tech Company with more than 350 design professionals in offices around the world.

Cosentini is part of the Tetra Tech High Performance Building Group which provides its clients with sustainable and environmentally responsible building design solutions. Cosentini Associates will relocate its headquarters from 2 Penn Plaza in the first quarter of 2020.

“We are pleased to have reached this agreement with Tetra Tech and welcome the esteemed professionals of Cosentini Associates to 498 Seventh Avenue,” said George Comfort & Sons President and CEO Peter S. Duncan.

“As hands-on owners, we are constantly looking for ways to improve our buildings, and through our capital improvement program at 498 Seventh Avenue we set out to create a more modern office environment and enhance the experience of our tenants.”

Renovations at the tower include the installation of a new façade on the first two floors, as well as a reimagined lobby designed by Gensler that will have three prominent street entrances in addition to two private lobbies for SEIU, the major tenant in the building.

Owned by a partnership of George Comfort & Sons, Loeb Partners Realty and JP Morgan Chase Asset Management, 498 Seventh is located a few blocks north of Penn Station, with access to subway and commuter lines as well as dining and retail options.

Notable tenants of the 960,000 s/f tower include CB Information Services, Transfix, Inc., Hazen & Sawyer, and JP Morgan Chase Bank.

Tetra Tech was represented by Justin Aronson, Michael Liss, Christopher Mansfield and Adele Huang of CBRE. George Comfort was represented in-house by Andrew Conrad and Matt Coudert.

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