Paramount Group

Paramount Group secures a major tenant, Citizens Bank, for 74,000 square feet at 1301 Sixth Avenue in Midtown Manhattan. Citizens Bank is relocating from 437 Madison Avenue, quadrupling its office space. Details of the deal, such as rent and length, remain undisclosed. The property also houses tenants like Nexstar Media Group and law firm Smith Gambrell Russell. Paramount previously secured an $860 million refinancing package for the building in 2021.