March 23, 2010

Coldwell Banker Commercial Hunter Realty Arranges 10-Year Lease for Human Resources Management

Posted By Susan Piperato, 03/23/10
Filed under: Real Estate

NEW YORK, NY—Coldwell Banker Commercial Hunter Realty, a division of Coldwell Banker Commercial Hunter Phoenix, has secured a 10-year lease renewal for a 10,985-square-foot office for Human Resource Management, Inc., d/b/a Capstone Partnership, at 100 Park Avenue, between 39th and 40th Streets, announces Peter E. Sabesan, a principal of the full-service real estate firm.

Located in the heart of the Grand Central office district, the circa 1950s glass and steel tower was designated LEED Silver in 2009 following a $70 million redevelopment program. Other prestigious tenants in the building include Aetna Life Insurance and Barton, Barton & Plotkin, LLC. The CBC Hunter Realty brokers representing the tenant were Richard Gottlieb and Sabesan. Representing the landlord, were Steve Durels and Christopher Gulden of SL Green.

“100 Park Avenue is a trophy building and an excellent location for this particular tenant’s profile and business model,” says Sabesan. “We were able to negotiate a fair lease for our client with one of New York’s finest landlords, to the benefit of both parties.”

Capstone Partnership is a leading provider of executive search services in New York City, specializing in such sectors as law, finance, human resources, investment banking, information technology, investment management, and strategy and business development.

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