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MTA renews East Side Access management space lease

by Benjamin Kabak

The MTA’s East Side Access project is expected to be ready by mid-2016, and in the meantime, the authority has to make sure it has space to house the management offices. So, reports The Observer, the MTA has renewed its lease for three floors — one of which is devoted entirely to the East Side Access project — at 469 Seventh Ave. The MTA is taking out 68,000 square feet of space at the building, and landlord Eric Meyer had been asking for $35 per square feet for a total of $2.38 million. Meanwhile, 370 Jay St. in Brooklyn is still awaiting its $150 million renovation.

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