{"id":37543,"date":"2013-11-04T00:00:00","date_gmt":"2013-11-04T00:00:00","guid":{"rendered":"https:\/\/glg.tempsite.space\/news\/glg-will-move-global-headquarters-to-one-grand-central-place\/"},"modified":"2025-05-12T08:43:17","modified_gmt":"2025-05-12T12:43:17","slug":"glg-will-move-global-headquarters-to-one-grand-central-place","status":"publish","type":"post","link":"https:\/\/glginsights.com\/de\/news\/glg-will-move-global-headquarters-to-one-grand-central-place\/","title":{"rendered":"GLG Will Move Global Headquarters to One Grand Central Place"},"content":{"rendered":"<p><strong>New York, New York; September 3, 2013<\/strong>\u00a0\u2014 Gerson Lehrman Group (GLG), the world\u2019s largest membership-based network for professional learning and expertise, has leased 64,361 square feet on the entire third floor and part of the fourth floor at W&amp;H Properties\u2019 One Grand Central Place (60 East 42nd Street) for its new global headquarters.<\/p>\n<p>With this move, slated for the third quarter of 2014, GLG will join staff from two locations: 850 Third Avenue and 845 Third Avenue, and expand its total occupancy by 15,000 square feet.<\/p>\n<p>\u201cWe are excited to bring our New York offices together in one expanded location,\u201d said Alexander Saint-Amand, President and Chief Executive Officer of GLG. \u201cOur mission is to transform the way the world\u2019s top professionals gather and share expertise, and teach and learn. We believe our new global headquarters will help us do that, as we create a unique environment designed to enhance work flow and the sharing of information and ideas, in addition to allowing for our continued growth.\u201d<\/p>\n<p>The new space is being designed by Clive Wilkinson Architects. The design combines two floors with a dramatic atrium, to be achieved by removing a portion of the ceiling above the fourth floor and installing a large museum quality skylight.<\/p>\n<p>Gary Kamenetsky and Robert Meyers of CBRE represented GLG in the lease negotiations. William Cohen and Ryan Kass of Newmark Grubb Knight Frank represented the landlord.<\/p>\n<p>\u201cWe conducted a thorough search of the Manhattan market for GLG, and have found their ideal location in this neighborhood,\u201d said Rob Meyers. \u201cWe were able to negotiate the landlord\u2019s commitment to install an atrium sky light exclusively for the tenant\u2019s use. Combined with the building\u2019s large floor plates, this created a unique collaborative environment for their headquarters relocation. W&amp;H Properties\u2019 outreach to the tenant and its flexible negotiating stance enabled us to make this creative long-term deal.\u201d<\/p>\n<p>\u201cI have known of GLG since its founding. This deal is an example of the transition we are making throughout our portfolio to better tenants with strong business models and exciting growth prospects. This is exactly what we had in mind when we repositioned this Pre-War trophy property with an $85-million upgrade program,\u201d notes Anthony Malkin, President of Malkin Holdings LLC, which supervises the W&amp;H Properties portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York, New York; September 3, 2013\u00a0\u2014 Gerson Lehrman Group (GLG), the world\u2019s largest membership-based network for professional learning and expertise, has leased 64,361 square feet on the entire third floor and part of the fourth floor at W&amp;H Properties\u2019 One Grand Central Place (60 East 42nd Street) for its new global headquarters. With this [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[579,580],"tags":[],"class_list":["post-37543","post","type-post","status-publish","format-standard","hentry","category-news","category-press-releases"],"_links":{"self":[{"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/posts\/37543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/comments?post=37543"}],"version-history":[{"count":0,"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/posts\/37543\/revisions"}],"wp:attachment":[{"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/media?parent=37543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/categories?post=37543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glginsights.com\/de\/wp-json\/wp\/v2\/tags?post=37543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}