Real Estate
Blackstone Nears Deal to Expand NYC Office Space on Park Avenue
- Company is seeking more space at Rudin’s 345 Park Ave.
- Firm would occupy 55% of building under possible new terms
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Blackstone Inc. is finalizing a deal to expand its Manhattan headquarters space in one of the city’s largest office leases in recent years.
The money manager’s total leased space would increase to 1.06 million square feet (98,500 square meters) at Rudin’s 345 Park Ave., according to a person familiar with the matter. The deal would also extend Blackstone’s lease at the skyscraper through the end of 2034, the person said, asking not to be named citing private discussions.