Mortgage Risk Manager Consolidates on Fifth Avenue

Crain's New York Business has another big deal this afternoon.

The Lefcourt National Building at 531 Fifth Avenue at the corner of W. 43rd. St. has added the Mortgage Industry Advisory Corp., a risk-management firm, for an eight-year full-floor sublease.

The MIAC will move two downtown offices, at 80 Maiden Lane and 30 Broad St., the article says, to the new space and consolidate its operations in the nearly 21,000 square foot space. 

The article says that the asking rent was $65 per square foot, according to CBRE Group.   MIAC was represented in the transaction by Snezana Anderson and Bernhard Weinstabel of CBRE, Crain's reports.

The Crain's article can be found here.

Additionally, Crain's and the Commercial Observer report that CBRE’s Jared Freede represented the undisclosed tenant who subleased the space to MIAC. 

The Observer adds that current tenants include Alexandra Lebenthal, Anvil Knitwear Inc., Critical Mention Inc., Nippon Life Insurance Company, Royal Healthcare and Urban Outfitters. That article can be found here

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