Columbia Property Trust, Inc. today announced that it has secured a new office lease and two retail leases at 315 Park Avenue South, its 20-story, boutique office building located in Midtown South’s Flatiron District.
Harvey, a generative AI for professional services, recently opened its first New York office across the entire 17,050-square-foot fifth floor of 315 Park Avenue South. Backed by Sequoia and OpenAI’s startup fund, the San Francisco-based generative artificial intelligence firm is building the future of professional services.
“At Harvey, we believe that being together in a dedicated space is essential as we continue to build our team and product. We are excited to announce the establishment of our permanent office in NYC’s Flatiron District,” said CEO of Harvey, Winston Weinberg.
Additionally, Columbia secured two retail transactions this past spring. Chipotle founder Steve Ells chose 315 Park Avenue South for his new flagship vegan, robot-run concept, Kernel, while national chain Just Salad signed an additional five-year extension, both with Park Avenue frontage at the base of the tower.
“Attracting cutting-edge brands like Harvey and Kernel is a validation of our efforts to cultivate an environment that fosters innovation and collaboration in the heart of a dynamic neighborhood,” said Columbia Property Trust’s Head of Real Estate, Ted Koltis. “Harvey’s commitment to the building also serves as testament to 315 Park Avenue South as a best-in-class destination for top-tier companies.”
“The quality of the tenant roster, the team, the existing installation, the building and its unmatched location were key motivators driving the tenant’s decision to select 315 Park Avenue South as the home for their New York City office,” said Newmark’s Executive Managing Director, Jonathan Fanuzzi, who facilitated the transaction on behalf of the landlord. “We are proud to have secured this complementary outcome and look forward to seeing Harvey into their new space,” said Newmark’s Vice Chairman, Peter T. Shimkin.
The 332,000-square-foot tower offers a best-in-class destination in one of Manhattan’s most popular office districts. The tower has continued to attract prominent firms seeking the energy of Midtown South and a premium Class A office experience. Its roster of prominent tech and financial tenants includes financial data platform PitchBook and Amazon’s interactive streaming service Twitch. Luxury fitness club Equinox also occupies retail space at the tower.
The century-old building celebrates its classic exterior architecture while boasting modern building systems. Columbia has maintained technology and operating enhancements that emphasize occupant health, wellness, and safety, earning the tower ENERGY STAR, Fitwel®, LEED Gold, and WiredScore Platinum certifications. The tower also received the Building Owners & Managers Association (BOMA) of New York’s 2022 Pinnacle Award for Operating Building of the Year.
Located in the heart of Midtown South, the building provides exceptional transit access and walkability to Madison Square Park, Gramercy Park, and a wealth of upscale food options, hotels, and shopping.
Columbia Property Trust was represented in-house by Maria Blake and Ted Koltis, in addition to a Newmark team of David Falk, Peter T. Shimkin and Jonathan Fanuzzi in the Harvey transaction. Harvey was represented by JLL’s Todd Stracci and Hugh Scott.
About Columbia Property Trust
Columbia Property Trust is a world‐class developer, owner, and manager of premier real estate in the office and retail sectors in New York, Boston, San Francisco, and Washington, D.C. Columbia’s vertically integrated team and capabilities provide a strategic platform to create, protect and grow value across the existing portfolio and to find opportunity in today’s marketplace. For more information, please visit www.columbia.reit.
