A Serial Sublessee
Following Capital One's sublease from UBS at 299 Park Avenue, Leerink Swan will take another floor in the building from UBS in a sublease. The starting rent for the 28,643 SF space on the 21st floor will be around $60 PSF for four years. Leerink Swan's current space at 1251 Avenue of the Americas is also a sublease, from Assured Guaranty. The rent for that space is lower - in the mid-$40s PSF, but the space is larger, at about 42,000 SF. Before its sublease at 1251, Leerink was subleasing space at a different address on the Avenue of the Americas - 1325. The 22,603 SF space at 1325 Avenue of the Americas was also for rent in the mid-$40s PSF.
photo source: Wikipedia