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Guardian Life expands at 215 Park Avenue So.

The Guardian Life Insurance Company of America, which owns and is headquartered at 201 Park Avenue South in Manhattan, has leased an additional 23,000 square feet of space next door at 215 Park Avenue South.

And, as part of the leasing transaction negotiated with 215's owner, S L Green Real Estate, Guardian will have the right to build a second floor pedestrian walkway and create a telecommunications link between its two neighboring offices.

The company, which also leases space at 225 and 233 Park Avenue South, took 15,000 square feet on the second floor and another 8,000 square feet on the eighth floor of the S L Green tower. The long-term leasing transaction, which calls for an aggregate rental of approximately $7 million, was brokered by

Jeffrey Cohen of Cushman & Wakefield, Inc. Stephen Green and Ben Feldman of S L Green Real Estate represented the building's ownership.

Totally restored and renovated, the distinctive 300,000 square foot Beaux Arts office building at 215 Park Avenue South features speedy microprocessor controlled elevators, new electrical and mechanical systems, and modern thermalpane windows. Its handsomely redesigned lobby, featuring marble walls and a vaulted copper ceiling, was honored last year with the American Institute of Architects NYSAA "Excellence in Design" award.
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Title Annotation:Guardian Life Insurance Company of America leases commercial space in New York, New York
Publication:Real Estate Weekly
Date:Mar 11, 1992
Previous Article:Owners denounce NYC tax collection plan.
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