BELLINGS

NYC Human Resources Administration Extends 174K-SF Lease in Midtown

The New York City Department of Citywide Administrative Services (DCAS) extended the lease for a government agency in Midtown South. The New York City Human Resources Administration (HRA) will get an extra 18 months at Vornado Realty Trust’s 260 11th Avenue, where it occupies…

The New York City Department of Citywide Administrative Services (DCAS) extended the lease for a government agency in Midtown South. The New York City Human Resources Administration (HRA) will get an extra 18 months at Vornado Realty Trust’s 260 11th Avenue, where it occupies…

BELLINGS Intelligence Score: 7

Why it matters

The lease extension by NYC Human Resources Administration is routine government real estate activity with limited market impact or broader credit relevance.

Sources

  • Commercial Observer

    NYC Human Resources Administration Extends 174K-SF Lease in Midtown

    The New York City Department of Citywide Administrative Services (DCAS) extended the lease for a government agency in Midtown South. The New York City Human Resources Administration (HRA) will get an extra 18 months at Vornado Realty Trust’s 260 11th Avenue, where it occupies…