A cybersecurity risk management firm is renewing its Midtown office space, Commercial Observer has learned.<\/p>\n
SecurityScorecard<\/a> signed a five-year renewal on its 8,475-square-foot space at 1140 Avenue of the Americas, owned by American Strategic Investment Company<\/a>, where it has been since 2023, according to tenant broker JLL<\/a>.<\/p>\n SEE ALSO: Payments Manager Corpay Cross-Border Relocates to 18K SF at 560 Lexington Avenue<\/a><\/p>\n The asking rent was not immediately disclosed, but the average office asking rent in Midtown in the second quarter of 2026 was $86.18 per square foot, according to a CBRE report.<\/p>\n \u201cSecurityScorecard is experiencing tremendous momentum as organizations around the world increasingly rely on our platform to manage cyber risk across their digital ecosystems,\u201d Aleksandr Yampolskiy, CEO and founder of SecurityScorecard, said in a statement. \u201cRenewing our headquarters at 1140 Avenue of the Americas reflects our long-term commitment to the city and provides our team with a workplace that supports continued growth, innovation and collaboration.\u201d<\/p>\n JLL\u2019s Valentin Stobetsky negotiated on behalf of the tenant, while Josh Kuriloff, Matthias Li, Heather Thomas, Pierce Hance and Nicole Estevez of Cushman & Wakefield<\/a> handled the deal for the landlord.<\/p>\n \u201cIt has a premier Midtown location, outstanding transit access, modern amenities and a unique full-floor office with an expansive private outdoor terrace that enhances the employee experience,\u201d Stobetsky said in a statement.<\/p>\n Li echoed the sentiment that the Midtown market and the building\u2019s premium offerings would aid the company in its expansion.<\/p>\n C&W did not immediately respond to a request for additional comment.<\/p>\n The landlord, which also goes by \u00a0American Realty Capital New York City REIT or New York City REIT, arranged a lease at the same tower for Epic Insurance in February<\/a>, when the company took 25,500 square feet.<\/p>\n