Cerity Partners Expands to 68K SF at Global Holdings’ 99 Park Avenue – Commercial Observer
Wealth management firm Cerity Partners is expanding its offices at Midtown’s 99 Park Avenue.
The tenant, which just expanded to 48,671 square feet at the building in December, has signed a deal for 19,600 additional square feet on the eighth floor of Global Holdings’ 26-story office building, bringing its total footprint to about 68,300 square feet, according to the landlord.
It was a 15-year deal with an asking rent starting at $90 per square foot, Global Holdings confirmed.
At least some of the space Cerity occupies is on a sublease, however, as the firm had been a subtenant on the 16th floor of 99 Park Avenue since at least 2024. Cerity will transition to direct occupancy next year.
Global Holdings’ Alexander Radmin represented the landlord in-house alongside JLL’s Paul Glickman, Diana Biasotti, Kristen Morgan and Harrison Potter, while a Cushman & Wakefield team of Nicholas Dysenchuk and Rob Lowe negotiated on behalf of Cerity Partners.
“We approached the repositioning with a focus on thoughtful design, hospitality and functionality,” Radmin said in a statement. “With Cerity expanding again and 99 Park now 98 percent leased, that momentum speaks to the value companies place on a thoughtfully designed, amenity-rich workplace in the heart of Midtown.”
C&W did not immediately respond to requests for comment. Crain’s New York Business first reported the deal.
“Cerity Partners’ second expansion in less than a year says a great deal about the tenant experience Global Holdings has created at 99 Park Avenue,” Glickman said in a statement. “The investment in the lobby and ‘Below Park’ amenity lounge has given tenants a place that works as well for welcoming clients, as it does for their own employees. The combination of location, design and well curated amenities continues to attract leading firms.”
Other tenants in the 600,000-square-foot building include Nashville-based real estate development firm Southern Land Company, which signed a 13,000-square-foot lease in June 2025. That deal brought the building to full occupancy.
But that may have changed when health care products company On The Right Track Systems signed a 4,157-square-foot relocation deal at Olmstead Properties’ 381 Park Avenue South, Commercial Observer reported in August.
Mark Hallum can be reached at mhallum@commercialobserver.com.
