{"id":362328,"date":"2026-10-01T23:58:22","date_gmt":"2026-10-01T23:58:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/362328\/"},"modified":"2026-10-01T23:58:22","modified_gmt":"2026-10-01T23:58:22","slug":"bank-of-india-global-investor-iq-eq-sign-leases-at-1212-avenue-of-the-americas-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/362328\/","title":{"rendered":"Bank of India, Global Investor IQ-EQ Sign Leases at 1212 Avenue of the Americas \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/stawski-partners\/\" title=\"Stawski Partners\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Stawski Partners<\/a> has two new tenants heading to its Midtown office building at 1212 Avenue of the Americas, Commercial Observer has learned.<\/p>\n<p>In the largest deal, <a href=\"https:\/\/commercialobserver.com\/company\/bank-of-india\/\" title=\"Bank of India\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Bank of India<\/a> signed a 20-year, 14,630-square-foot lease for the entire 12th floor of the 24-story office tower in a relocation from 277 Park Avenue, according to landlord broker <a href=\"https:\/\/commercialobserver.com\/company\/jll\/\" title=\"JLL\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">JLL<\/a>. Meanwhile, global investment firm <a href=\"https:\/\/commercialobserver.com\/company\/iq-eq\/\" title=\"IQ-EQ\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">IQ-EQ<\/a> Fund Services agreed to a 10-year, 14,132-square-foot deal on the 14th floor of the property in a move from 250 West 57th Street.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/10\/stockbridge-maryland-industrial-ta-realty\/\" rel=\"nofollow noopener\" target=\"_blank\">Stockbridge Buys Maryland Industrial Property for $57M<\/a><\/p>\n<p>JLL did not disclose the asking rent for the building, but the average Midtown office asking rent in the third quarter of 2026 came out to $80.71 per square foot, according to <a href=\"https:\/\/commercialobserver.com\/2026\/10\/manhattan-available-office-supply-lowest-level-2020-colliers\/\" rel=\"nofollow noopener\" target=\"_blank\">a new report from Colliers<\/a>.<\/p>\n<p>The landlord is also in the midst of a major renovation project at 1212 Avenue of the Americas, including a new 15,000-square-foot amenity center on the second floor, which will feature a board room, three conference rooms, a cafe and a tenant lounge.<\/p>\n<p>\u201cStawski Partners has consistently invested in 1212 Avenue of the Americas with an eye toward what tenants want next,\u201d JLL\u2019s Paul Glickman said in a statement. \u201cThe initial phase of the [$30 million] renovation modernized the building from the ground up, and this next phase adds the amenities and experience enhancements that leading companies are looking for.\u201d<\/p>\n<p>Glickman represented the landlord in both deals alongside Diana Biasotti, Greg Wang and Harrison Potter, while Bank of India was represented by Chris Helgesen, Dirk Hrobsky and Alejandro Alvarez of <a href=\"https:\/\/commercialobserver.com\/company\/cushman-wakefield\/\" title=\"Cushman &amp; Wakefield\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Cushman &amp; Wakefield<\/a> as well as Joseph Hilton of <a href=\"https:\/\/commercialobserver.com\/company\/joseph-hilton-associates\/\" title=\"Joseph Hilton &amp; Associates\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Joseph Hilton &amp; Associates<\/a>.<\/p>\n<p>C&amp;W did not immediately respond to a request for comment, while Hilton could not be reached for comment.<\/p>\n<p>JLL\u2019s Matthew Astrachan, Kristen Morgan, Seth Godnick and Jamie Boast negotiated on behalf of IQ-EQ.<\/p>\n<p>The building is also occupied by anti-corruption investigations firm Nardello &amp; Co. which signed a 22,000-square-foot lease <a href=\"https:\/\/commercialobserver.com\/2024\/11\/nardello-lease-1212-avenue-of-the-americas\/\" rel=\"nofollow noopener\" target=\"_blank\">in November 2024<\/a>.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/10\/bank-of-india-iq-eq-leases-1212-avenue-of-the-americas\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Stawski Partners has two new tenants heading to its Midtown office building at 1212 Avenue of the Americas,&hellip;\n","protected":false},"author":2,"featured_media":362329,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75958,134566,134567,3624,134568,134569,134570,24467,134571,134572,134573,78733,2361,75,84,83,75383,9,24,63,134565,13506,134574],"class_list":["post-362328","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-250-west-57th-street","tag-277-park-avenue","tag-alejandro-alvarez","tag-channel","tag-chris-helgesen","tag-diana-biasotti","tag-dirk-hrobsky","tag-greg-wang","tag-harrison-potter","tag-jamie-boast","tag-joseph-hilton","tag-kristen-morgan","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-matthew-astrachan","tag-new-york","tag-new-york-city","tag-nyc","tag-office-leases-1212-avenue-of-the-americas","tag-paul-glickman","tag-seth-godnick"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/362328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=362328"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/362328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/362329"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=362328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=362328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=362328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}