Fisher Brothers recently announced more than 60,000 square feet of leasing activity at 299 Park Avenue in Midtown East, Manhattan. The property has seen a lease renewal from law firm Becker, Glynn, Muffly, Chassin & Hosinski LLP, a lease renewal from real estate capital markets firm Park Madison Partners, and a new lease with investment company MacKay Shields LLC.
Fisher Brothers invested approximately $20 million in capital improvements at 299 Park Avenue, transforming the lobby and façade in an extensive renovation project. The renovation, which completed in 2020, was designed by the Rockwell Group and features a grand lobby with a 60-foot-long LED art installation called “Living Canvas.”
299 Park Avenue was originally constructed in 1967 and stands 42 stories tall. It features hospital-grade air filtration systems and Bluetooth technology for contact-free entry. The closest subway from the property is the 6 train at the 51st Street station.
“Strengthening our relationships with existing tenants is something we take great pride in, reflecting our founding principles of exceptional tenant service and experiences,” said Ken Fisher, partner at Fisher Brothers. “We’re thrilled to continue serving Becker Glynn and Park Madison Partners and welcome MacKay Shields to 299 Park Avenue. This property continues to be an ideal place for our tenants to do business.”
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Classic building!
Park Avenue is making a major come back! I’m very excited