Oh, Canada just loves Midtown Manhattan.\u00a0<\/p>\n
National Bank of Canada<\/a>, a financial institution for our neighbors to the north, has signed a \u201clong-term\u201d 17,957-square-foot lease at 65 East 55th Street, also known as Park Avenue Tower, Commercial Observer has learned.\u00a0<\/p>\n SEE ALSO: E-Payment Platform Stripe Expands to 286K SF at 28 Liberty Street<\/a><\/p>\n The company will now occupy the entire eighth floor of the 36-story office building, where it previously occupied only a portion of that floor, according to a source close to the deal. The company moved into the building \u201cyears and years ago,\u201d according to the source. Asking rent was over $125 per square foot.\u00a0<\/p>\n The lease was signed in mid-September, when Blackstone<\/a> subsidiary EQ Office (now known as Perform Properties<\/a>) still owned the building. Jared Horowitz and Brent Ozarowski from Newmark<\/a> represented the landlord on this deal. Cooper Weisman and Neil Goldmacher, also from Newmark, represented the tenant.\u00a0<\/p>\n Newmark declined Commercial Observer\u2019s request for comment.\u00a0<\/p>\n Park Avenue Tower, which sits between 55th and 56th streets in Midtown Manhattan, is under contract to be sold to SL Green for $730 million, CO previously reported<\/a>. EQ Office had purchased the building in 2014 from Shorenstein Company for $750 million.\u00a0<\/p>\n Other commercial tenants at 65 East 55th Street include investment firm Avista Healthcare Partners, global asset manager PineBridge Investments, and asset management firm Eagle Capital Management.<\/p>\n