When an office tower’s landlord has to move its own headquarters to make room for another tenant there, it likely means the building’s hot.
It’s happening at Marx Realty’s 10 Grand Central, the 450,000 square-foot Art Deco property previously known as 708 Third Ave. Marx CEO Craig Deitelzweig had the idea in 2018 to ditch the then-unfashionable avenue moniker as part of a $45 million repositioning that included moving the entrance to East 44th St.
It’s been a leasing juggernaut ever since. Some 27,000 square feet of new deals brought its offices to more than 95% spoken for.
A rendering of The Bar Car at The Meeting Galleries at 10 Grand Central Station. Marx Realty
Marx will expand from its current 9,000 square feet on the seventh floor to 11,000 square feet on the 11th floor. The mov