Improvements at 370 Lex are attracting new tenants.

Broad Street Development, owners of 370 Lexington Avenue, has completed twelve new leases at the prominent Midtown office tower located just steps from Grand Central Station.

New and existing tenants have committed to more than 23,000 s/f at the popular office property, which is currently undergoing an extensive capital improvement project.

This undertaking will further enhance some of the building's best features including the grand lobby, its flexible and functional space, tenant-accessible conference center and outstanding views of the Manhattan skyline. Raymond Chalme, principal of Broad Street Development, made the announcement.

Among the newest tenants to join the tenant roster are: G.L. Ohrstrom & Co., a firm focused exclusively on private equity investments will occupy 3,640 s/f of office space on the 21st Floor; Juma Technology, a highly skilled telecommunications and IT systems integrator specializing in converged voice and data network deployments signed 2,081 s/f ease on the sixth floor; Attorney, Vivien Stark signed an 845 s/f lease on the ninth floor; Dowa International will occupy 2,329 ss/f on the 10th floor; and the mortgage advisors, MarCapital signed a 883 s/f lease on the 12th floor.

In addition to the new lease commitments at the property, several renewals were also recently signed.

The lobby at 370 Lexington Avenue, which is being updated and currently under construction, features a spectacular marble and terrazzo lobby, high ceilings and oversized windows. The floor plans and existing tenant base attract a variety of users ranging from corporate to small-suite tenants, who are drawn to its exceptional light and air, flexible floor plates, fifth floor state-of-the-art conference center and convenient location. The lobby renovations, which include better lighting, a new security desk and a touch-screen electronic directory, are expected to be complete by January 2007. In addition to these renovations, the storefronts at 370 Lexington are also being updated, with exterior and interior improvements.

"While renewals continued to play an important role in the leasing activity, new tenants were drawn to the improvements being made to the tower, and the new supply of flexible, pre-built suites and amenities now available at 370 Lexington Avenue," said Chalme.