425 Park Avenue tower inks first new lease in more than two years

425 Park Avenue tower inks first new lease in more than two years
In a breakthrough for closely watched 425 Park Ave., global private-equity firm Hellman & Friedman has signed a lease for two full floors — the first new office commitment there in more than two years. The firm will move from Lever House across the avenue later this year. The 15-year, 27,800 square-foot lease, although modest...