Horowitz and Peck of Studley represent Leading Hotels of the World in a 42,842 s/f lease at SL Green's 485 Lexington Avenue
March 13, 2012
The Leading Hotels of the World, Ltd. has signed a 42,842 s/f, long-term lease at 485 Lexington Ave. for its new corporate headquarters, according to international commercial real estate services firm Studley. ...
... The Leading Hotels of the World will be able to accommodate a 15 percent expansion of its workforce at 485 Lexington Ave., thanks to a complete reconfiguration of the company's layout. Studley devised the new plan in conjunction with The Leading Hotels of the World's architect. Studley is also managing the build-out of the space.
"Our client is adopting an open floorplan design with a creative variation on bench seating, glass partitions and fewer offices - a strategy that not only fosters communication and productivity, but also allows the client to expand its staff without leasing significantly more space," said Studley executive managing director Daniel Horowitz, who negotiated the lease on behalf of The Leading Hotels of the World with senior managing director Jeffrey Peck. ...
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