Third Avenue offices inch into the $100 psf club

As rents hit record highs on prime Midtown corridors, Third Avenue is beginning to notch milestones of its own. Financial firm Karbone recently signed a 20,000-square-foot lease at Fisher Brothers’ 605 Third Avenue with an asking rent of $120 per square foot, according to a source with knowledge of the deal.  The lease, which spans the entire 32nd floor of the 44-story Class A tower, marks a record rent for the building and is a sign that Midtown’s longtime discount corridor is inching into triple-digit territory. In 2025, Third Avenue scored its first two leases above $100 per square foot […] This article originally appeared on The Real Deal. Click here to read the full story.