Stone Provider Adds to Midtown South Base

NEW YORK CITY-Stone Source LLC has renewed and expanded its headquarters lease at 215 Park Ave. South, adding 5,087 square feet for a total of 16,500 square feet. A spokeswoman for SL Green Realty, owner of the 20-story property, tells GlobeSt.com the renewal is for 10 years. Stone Source has been a tenant there since the mid-1980s.

The tenant, a leading provider of natural stone to architects and designers, will add the 5,087 square feet in 2013. The expansion means Stone Source will occupy the entire seventh floor. It leased 1,296 square feet of expansion space at 215 Park South in January 2008.

Cushman & Wakefield’s Mitchell Arkin and Mark Mandel represented Stone Source in the transaction, while Howard J. Tenenbaum and Gary M. Rosen acted on behalf of SL Green. C&W also represented Stone Source in its March 2007 lease of 89,000 square feet at Rreef’s Meadowlands Distribution Center in Carlstadt, NJ, where the tenant has its New Jersey showroom.

The 330,000-square-foot 215 Park South was built in 1914 and is currently about 96% occupied. Asking rent there is $55 per square foot, according to SL Green’s website. Other tenants at the property include Houghlin Mifflin Co., H&M, Kimball International and Perkins and Will.