Global investment manager Capital Group has signed a 10-year 345 Park Avenue lease covering the entire 70,400-square-foot fourth floor of the Midtown Manhattan office tower, as part of a broader $38 million expansion of its New York City operations. The new office is expected to open in fall 2027. Capital Group will also retain its existing New York headquarters at 399 Park Avenue, making 345 Park Avenue an additional location rather than a relocation. The Los Angeles-based i

GFP Real Estate and BDT & MSD Partners have secured approximately 226,500 square feet of new leasing at 1540 Broadway since unveiling a $150 million repositioning of the Midtown Manhattan office tower in January 2026. The leasing activity is led by Comcast Advertising, which signed a long-term lease for approximately 140,000 square feet. Metalmark Capital also signed a 9,314-square-foot lease, while Alight completed a 3,123-square-foot relocation and extension. Earlier activi