Accounting firm Marcum has signed a 70,728-square-foot lease at 730 Third Avenue, CO first reported. The Teachers Insurance and Annuity Association (AKA TIAA) owns the Midtown East building.
- Be Smart: Asking rent on the 12-year deal was reportedly between $78 to $89 per SF. The accounting firm is moving from its current headquarters at SL Green’s 750 Third Avenue.
- Worth Noting: TIAA put the property on the market in 2018, but has since changed course and decided to hold onto the asset. The owner is currently renovating the building with two new lobbies and a 35,000-square-foot amenity space.