Member Press Release

MHP Real Estate Services Represents Research Firm Taking Full Floor at 1330 Avenue of the Americas

Economic research firm Cornerstone Macro is relocating its offices within Midtown Manhattan after agreeing to take 16,300 square feet at RXR Realty’s 1330 Avenue of the Americas. The company agreed to a 10-year lease for the entire fifth floor at the 40-story, roughly 526,000-square-foot office building between West 53rd and West 54th Streets. Cornerstone Macro was represented in the transaction by Garett Varricchio and Jessica Tenenbaum of MHP Real Estate Services/TCN Worldwide.


Economic research firm Cornerstone Macro is relocating its offices within Midtown after agreeing to take 16,300 square feet at RXR Realty’s 1330 Avenue of the Americas, Commercial Observer has learned.

The company agreed late last week to a 10-year lease for the entire fifth floor at the 40-story, roughly 526,000-square-foot office building between West 53rd and West 54th Streets, according to sources with knowledge of the transaction. Cornerstone Macro is expected to move from its current location at nearby 650 Fifth Avenue, where it occupies nearly 11,000 square feet, in the summer of 2018.

Asking rent in the deal was in the high $70s per square foot, sources said. The tenant was represented in the transaction by Garett Varricchio and Jessica Tenenbaum of MHP Real Estate Services... 

Read more on Commercial Observer:
https://commercialobserver.com/2017/11/research-firm-cornerstone-macro-nyc-office-rxr-realty-1330-avenue-of-the-americas/