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AVISON YOUNG ARRANGES 26,400 SF OFFICE LEASE IN NYC

NEW YORK CITY — Avison Young has completed a 26,400-square-foot office lease at 101 Park Ave. in Manhattan on behalf of investment management firm Federated Investors Inc. The lease comprises the tower’s entire 41st floor. Federated will move into its space at 101 Park Ave. in December 2014, upon completion of its build-out. Principals Greg Kraut and Brad Totten of Avison Young represented Federated in the transaction. John Cefaly and Clark Finney of Cushman & Wakefield represented the landlord, H.J. Kalikow & Co. LLC. Avison Young’s New York City-based project management team, led by Edward Walsh and Kirsten Beck, is overseeing the design and construction of Federated’s new office.

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