Merrill Lynch takes 125,000 sqf at 75 Rockefeller Plaza

23 June 2016

RXR Realty has signed Merrill Lynch Wealth Management to a lease at newly-renovated 75 Rockefeller Plaza. The investment company signed a lease for 125,000 sqf on the second through fifth floors of the 623,000 sqf building. Merrill Lynch had occupied roughly the same amount of space at 717 Fifth Ave since 1998. RXR took control of the building in 2013 when it signed a 99-year, triple-net lease with the owner, British billionaire Mohamed Al Fayed. The company has invested $150 million into the property since the 2014 departure of anchor tenant Time Warner Cable. Notable tenants in the building include doll brand American Girl with a 40,000 sqf lease of retail space and a 200,000 sqf leased signed last year with Bank of America.

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