Reaching New Heights: Academy Securities' Sky-High Move to 622 Third Avenue

Company: Academy Securities
Building: 622 Third Avenue
Lease Term: 5 + years
Lease Type: Sublease
Delivery conditions: Turnkey
Landlord: Cohen Brothers

The Challenge

Academy Securities is the nation’s first post-9/11 veteran-owned and operated investment bank, known for its unique mission and commitment to employing veterans. They faced the pressing challenge of securing a higher quality and larger office space quickly to avoid holdover penalties from their previous lease. The firm needed a space that matched their previous rent but offered more room and better facilities to support their growing operations.

The Solution

The perfect solution came in the form of a turnkey sublease at 622 Third Avenue. This unique full-floor space boasted 25-foot ceilings, providing a grand and expansive atmosphere that met all of Academy Securities' requirements.

The Outcome

Academy Securities successfully transitioned to their new space at 622 Third Avenue, significantly enhancing their work environment without increasing their rental expenses. The new office not only provides the extra space needed for effective operations but also aligns with the firm's prestigious image in the investment banking industry.