Already among Manhattan’s top tenants, in terms of space, Lazard, the financial advisory and asset management firm, has renewed its lease at Rockefeller Center, taking an additional 60,000 square feet. The 21-year renewal lease with Tishman Speyer for office space at 30 Rockefeller Plaza will bring the firm’s total square footage to a whopping 430,000 square feet.
Effective June of 2012, the new lease will encompass most of the art deco building’s top floors, with the firm Swanke Hayden Connell Architects retained to redesign Lazard’s office space.
Tara Stacom, a vice chairman at Cushman & Wakefield, advised Lazard on the deal, alongside Cushman chairman John Cushman and Cynthia Foster, an executive managing director of Global Client Development.
“Lazard ultimately determined that 30 Rockefeller Plaza provided both a prime location and a distinctive building with a world-class complex, with exceptional ownership and value in today’s market,” Ms. Stacom said.