NEW YORK | 245 Park Avenue | Renovation

[HappyCapSlapper]

Originally Posted by ChiND

Apart from SG, aren’t many tenants vacating?

Do you have any ideas to: 175 Park’s tenants? I’m still guessing SG, Morgan Stanley, or Capitol One.

Do you have any insights into where 400-410 Park will be redeveloped?

Socgen and MS are the two names I've heard on 175. There's long dated tenancy on 245 - Ares is in through late 2030's (just signed expansion / renewal). EQT and Stone peak are both on fresh 15 year deals. Houlihan Lokey also has term on their lease. Nothing on 400-410 yet - Hearing owners are still trying to work something out to see if there's a path, very early days.

[ChiND]

Originally Posted by HappyCapSlapper

Socgen and MS are the two names I've heard on 175. There's long dated tenancy on 245 - Ares is in through late 2030's (just signed expansion / renewal). EQT and Stone peak are both on fresh 15 year deals. Houlihan Lokey also has term on their lease. Nothing on 400-410 yet - Hearing owners are still trying to work something out to see if there's a path, very early days.

Thanks. I hope that we get an announcement on 175 Park soon.

[NYguy]

AUGUST 30, 2026