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Kramer Levin represented Blue Owl in the negotiation of a second lease amendment to take approximately 70,000 rentable square feet of additional space at 375 Park Avenue. Blue Owl's footprint in the building now consists of 9 full floors spanning approximately 239,000 rentable square feet. The lease amendment was signed on Sept. 24, 2024.
The deal was written about in the Commercial Observer, The Real Deal, GlobeSt, Connect CRE, Bloomberg, Crain's New York, and Commercial Cafe.