The New York City Department of Citywide Administrative Services (DCAS) extended the lease for a government agency in Midtown South.<\/p>\n
The New York City Human Resources Administration (HRA) will get an extra 18 months at Vornado Realty Trust<\/a>\u2019s 260 11th Avenue, where it occupies 174,186 square feet, according to a source close to the deal.<\/p>\n SEE ALSO: Fashion Boutique Atelier Secures Retail Space at 181 MacDougal Street<\/a><\/p>\n The deal appeared in a monthly Manhattan office market report by Colliers<\/a>, which offered no further insight into the deal apart from the average office asking rent for Midtown South, which was $78.90 in August.<\/p>\n DCAS negotiated the deal on behalf of HRA, but it\u2019s unclear who brokered the deal for Vornado, which declined to comment.<\/p>\n HRA\u2019s lease was scheduled to turn over in October, The Real Deal reported in September 2022<\/a>, and at some point it may have expanded its footprint from its initial 154,000 square feet.<\/p>\n The agency has locations throughout the city, including a 350,000-square-foot office<\/a> at Clipper Equities\u2018\u00a0250 Livingston Street, where it offers legal services, and a 9,199-square-foot post at 25 Chapel Street<\/a> in Downtown Brooklyn, where it provides assistance to veterans.<\/p>\n Located between West 26th and West 27th streets several blocks south of Hudson Yards, 260 11th Avenue is a seven-story landmarked building constructed in 1911 and is known as the Otis Elevator Building. Vornado holds a 99-year ground lease for the property.<\/p>\n