Longtime Tenant More than Doubles its Occupancy and Renews for 10 Years

RFR announced today that Arbor Realty Trust Inc. has signed a 10-year, 36,248-square-foot renewal and expansion lease at the 375 Park Avenue – Seagram Building. Arbor, a leading real estate lender and investor, previously occupied 16,000 square feet on the 34th floor and is now expanding its operations to the entire 29th and 30th floors, more than doubling its occupancy and making it the third largest tenant in the building.

AJ Camhi and Kevin West of RFR represented the ownership in the lease transaction.Ted Koltis and Reid Longley of Colliers International acted on behalf of Arbor in the negotiations.

“Arbor Realty Trust is one of the most respected real estate investment trusts and direct lenders,and Seagram Building,the ideal address for them,” said Mr. Camhi, Senior Vice President and Director or Leasing at RFR. “We’re pleased to have them as our tenant and to be part of their continued growth.”

The Seagram Building is recognized as one of the world’s greatest architectural master-pieces. The landmarked building designed by the legendary architect Ludwig Mies van der Rohe is his only work in NYC. Completed In collaboration with Philip Johnson, New York’s iconic skyscraper is celebrated as the culmination of functionality and refinement.

Arbor, which was established in 1983, now has offices in New York City at 375 Park Avenue, Westchester County, Boston, Cleveland, Dallas, San Francisco, New Jersey, and Manhattan Beach, among others.

About RFR

RFR is a fully integrated real estate investment firm based in New York City with a core focus on select urban markets in the United States and Germany. Founded by Aby Rosen and Michael Fuchs in the early 1990’s, the firm has been an active force in the New York City and German real estate market for much of the past three decades. RFR’s portfolio has grown to include more than 100 commercial, residential, hotel, and retail proper-ties located in select domestic and international markets.