Canadian wealth-management firm CI US Holdings is taking a major Midtown stake with a 50,000 square-foot lease at H.J. Kalikow’s flagship 101 Park Ave.
Cushman & Wakefield’s John Cefaly and Nicholas Dysenchuk repped the landlord. Savills’ Mitti Liebersohn, Mark Robbins and Evan A. Foley acted for the tenant.
Cefaly said that Kalikow’s “fantastic job positioning” 101 Park helped facilitate Convene’s recent expansion in the tower as well as new leases for Wendel North American and Incline Equity Partners. Iconic radio stations HOT 97 and WBLS have a new home: Savanna’s 48 W. 25th St., where parent MediaCo Holding signed a lease for 25,000 square feet.
Landlord principal Kathryn H. Kalikow said that 101 Park Ave. has “outperformed the market , leasing over 110,000 square feet in the last quarter alone.”Two high-profile restaurant-expansion deals were just signed downtown.
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