{"id":1004128195,"date":"2015-09-25T06:30:38","date_gmt":"2015-09-25T14:30:38","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=361955"},"modified":"2020-04-28T22:18:33","modified_gmt":"2020-04-29T06:18:33","slug":"strathspey-crown-gets-comfy-at-570-lexington-avenue","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/","title":{"rendered":"Strathspey Crown Gets Comfy at 570 Lexington Avenue"},"content":{"rendered":"<p><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<div id=\"attachment_361957\" class=\"wp-caption alignright\" style=\"width: 245px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-361957\" title=\"570 Lexington Avenue - Manhattan\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg\" alt=\"570 Lexington Avenue - Manhattan\" width=\"235\" height=\"300\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">570 Lexington Avenue &#8211; Manhattan<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.strathspeycrown.com\/\" target=\"_blank\" rel=\"nofollow\">Strathspey Crown Holdings<\/a>, a Newport Beach, Calif.-based medical and technology firm specializing in lifestyle healthcare, is expanding its footprint in New York City. The company recently signed a lease expansion for 12,000 square feet at the historic General Electric Building, a move that will almost quadruple the space it currently occupies in the 50-story building.<\/p>\n<p>Back in 2013, Strathspey Crown signed a seven-year lease for 4,185 square feet of space, or the entire 26<sup>th<\/sup> floor of the building. With the renewed and expanded lease\u2014which was signed for 10 years, according to the <strong><a href=\"https:\/\/commercialobserver.com\/2015\/09\/med-tech-company-quadruples-foothold-at-570-lexington-avenue\/\" target=\"_blank\" rel=\"nofollow\">Commercial Observer<\/a><\/strong>\u2014the company will occupy more than 16,000 square feet of space on the 27<sup>th<\/sup>, 28<sup>th<\/sup> and 35<sup>th<\/sup> floors of the building, as well as a 1,500-square-foot terrace on the 26<sup>th<\/sup> floor overlooking Park Avenue and St. Bartholomew\u2019s church, which is adjacent to the building.<\/p>\n<p>Reportedly, Strathspey Crown paid $75 to $78 per square foot for the leased space\u2014that\u2019s slightly higher than the average rent rates in the area, because the lease also includes a staircase connecting the 27<sup>th<\/sup> and the 28<sup>th<\/sup> floors.<\/p>\n<p>Located at 570 Lexington Ave. in Manhattan\u2019s Midtown South section, the General Electric Building was built in early 1930s as the RCA Victor Building, as is still one of the most distinguished skyscrapers in the city\u2014most notably for the intricate architectural details at the crown, which suggest the power of electricity. The property is owned by the <a href=\"https:\/\/www.feilorg.com\/\" target=\"_blank\" rel=\"nofollow\">Feil Organization<\/a>, a real estate investment, development and management company. Feil was represented in-house by David Turino, director of commercial leasing, while Strathspey Crown did not have a broker in this deal.<\/p>\n<p><em>Image via the Feil Organization<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A growing med-tech company loves its home on Lexington Avenue so much that it decided to sign a lease expansion.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,21742],"tags":[682],"class_list":["post-1004128195","post","type-post","status-publish","format-standard","hentry","category-new-york","category-latest","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Strathspey Crown Gets Comfy at 570 Lexington Avenue - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strathspey Crown Gets Comfy at 570 Lexington Avenue\" \/>\n<meta property=\"og:description\" content=\"A growing med-tech company loves its home on Lexington Avenue so much that it decided to sign a lease expansion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-25T14:30:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-29T06:18:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"Strathspey Crown Gets Comfy at 570 Lexington Avenue\",\"datePublished\":\"2015-09-25T14:30:38+00:00\",\"dateModified\":\"2020-04-29T06:18:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/\"},\"wordCount\":284,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/570-Lexington-Avenue-Manhattan.jpg\",\"keywords\":[\"News\"],\"articleSection\":[\"New York\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/\",\"name\":\"Strathspey Crown Gets Comfy at 570 Lexington Avenue - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/570-Lexington-Avenue-Manhattan.jpg\",\"datePublished\":\"2015-09-25T14:30:38+00:00\",\"dateModified\":\"2020-04-29T06:18:33+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/570-Lexington-Avenue-Manhattan.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/570-Lexington-Avenue-Manhattan.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/strathspey-crown-gets-comfy-at-570-lexington-avenue\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Strathspey Crown Gets Comfy at 570 Lexington Avenue\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\",\"name\":\"Veronica Grecu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2024\\\/04\\\/Veronica_Grecu.jpg?w=93\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2024\\\/04\\\/Veronica_Grecu.jpg?w=93\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2024\\\/04\\\/Veronica_Grecu.jpg?w=93\",\"caption\":\"Veronica Grecu\"},\"description\":\"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.\",\"sameAs\":[\"https:\\\/\\\/x.com\\\/@VeraGrecu\"],\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/veronica\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Strathspey Crown Gets Comfy at 570 Lexington Avenue - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/","og_locale":"en_US","og_type":"article","og_title":"Strathspey Crown Gets Comfy at 570 Lexington Avenue","og_description":"A growing med-tech company loves its home on Lexington Avenue so much that it decided to sign a lease expansion.","og_url":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-09-25T14:30:38+00:00","article_modified_time":"2020-04-29T06:18:33+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg","type":"","width":"","height":""}],"author":"Veronica Grecu","twitter_card":"summary_large_image","twitter_creator":"@VeraGrecu","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/"},"author":{"name":"Veronica Grecu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62"},"headline":"Strathspey Crown Gets Comfy at 570 Lexington Avenue","datePublished":"2015-09-25T14:30:38+00:00","dateModified":"2020-04-29T06:18:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/"},"wordCount":284,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg","keywords":["News"],"articleSection":["New York","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/","url":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/","name":"Strathspey Crown Gets Comfy at 570 Lexington Avenue - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg","datePublished":"2015-09-25T14:30:38+00:00","dateModified":"2020-04-29T06:18:33+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/570-Lexington-Avenue-Manhattan.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/strathspey-crown-gets-comfy-at-570-lexington-avenue\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Strathspey Crown Gets Comfy at 570 Lexington Avenue"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62","name":"Veronica Grecu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","caption":"Veronica Grecu"},"description":"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.","sameAs":["https:\/\/x.com\/@VeraGrecu"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/veronica\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004128195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/258"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004128195"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004128195\/revisions"}],"predecessor-version":[{"id":1004427151,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004128195\/revisions\/1004427151"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004128195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004128195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004128195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}