Morgan Stanley Signs 15-Year Midtown Lease for 400K-sf

Just in time for BlackRock’s planned 2023 relocation from Park Avenue Plaza at 55 East 52nd Street to a new office at the Hudson Yards, Morgan Stanley has signed a 15-year lease to take over roughly 400,000 square feet. The recent deal represents an expansion of the 93,000 square feet the investment bank already leased at the Midtown tower.