Travel agency signs one of Midtown’s biggest new leases – New York Post

In one of Midtown’s biggest new leases so far this year, Travel Leaders Group Elite Division is moving its headquarters to Paramount Group’s 1633 Broadway at West 51st Street. Travel Leaders’ component companies, Tzell Travel Group and Protravel International, have signed a 16.5-year lease for 106,000 square feet.

Travel Leaders Group is the country’s largest travel agency company. It will move from 119 W. 40th St. and 515 Madison Ave. The tenant was represented by Colliers International’s Robert Tunis and Eric Ferriello. Paramount Group was repped in-house by Doug Neye and by CBRE’s Stephen B. Siegel, Paul Amrich, Patrice Meagher, Rob Hill, Howard Fiddle and Emily Jones.

Terms were not released, but the space was listed at $85 per square foot. The deal for the 35th and 36th floors leaves about 175,000 square feet of direct space available in the 2.6 million-square-foot tower.

Travel agency signs one of Midtown’s biggest new leases – New York Post

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