Activity was driven by several large deals, primarily signed in Class A new construction. The market was far more resilient than Midtown South and Downtown, where activity posted a quarterly decline of 38.9% and 14.9%, respectively. Midtown office leasing velocity rose 33.1% year-over-year to total 5.4 million square feet but fell 4.1% from the prior quarter, according to Newmark Research. The building is within three blocks of two subway stations, providing access to the E, F and M lines. Located on W 55th Street between 5 th and 6 thĪvenues, 20 W 55th Street is just four blocks from Central Park and is also proximate to Rockefeller Center and Times Square as well as numerous shopping and dining amenities. The tenant was previously located at 1330 6th Avenue and was represented by Ben Blumenthal and Ashlynn Fletcher of Noah & Co.
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