Private Equity Firm Signs Direct 19K-SF Lease at GM Building

The private equity firm inked a five-year direct deal with landlord Boston Properties to keep its 19,000-square-foot space at 767 Fifth Avenue between East 58th and East 59th Streets, according to Savills, which handled the deal for the tenant. A spokeswoman for Savills declined to provide asking rents in the deal but CoStar Group data show ones in the building range from $106 to $129 per square foot.