From left: Albert Behler and Paramount Plaza at 1633 Broadway in Midtown
Morgan Stanley is significantly expanding its space at Paramount Group’s 1633 Broadway in Midtown, leasing five full floors for a total of 261,000 square feet.
The firm signed a 15-year lease at an asking rent in the low-to-mid-$70s per square foot. The financial services giant is expanding from its current 60,000-square-foot space at the building, with plans to move in on May 7, 2016. (more…)