{"id":36254,"date":"2023-05-19T10:05:38","date_gmt":"2023-05-19T07:05:38","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=36254"},"modified":"2025-03-25T16:09:02","modified_gmt":"2025-03-25T13:09:02","slug":"mrce-renews-14-penn-renewal","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/mrce-renews-14-penn-renewal\/","title":{"rendered":"Mueser Rutledge Renews Lease at 14 Penn Plaza"},"content":{"rendered":"

After a quarter of a century spent at the 14 Penn Plaza, Mueser Rutledge Consulting Engineers\u00a0(MRCE) has decided to continue calling the Midtown office<\/a> building its home for the next 15 years. The structural engineering firm renewed its lease for 40,000 square feet of space at the Circle Realty Group-owned office tower.<\/p>\n

The company\u2019s footprint within the 23-story property extends across the entire sixth floor and parts of the fifth floor. The landlord disclosed the asking rent in the building as being around $60 per square foot mark.<\/p>\n

\u201cWe are thrilled that they have renewed with us and look forward to their continued success in the future,\u201d said Circle Realty\u2019s Jay Futersak. \u201cThis is great news for the office industry.\u201d<\/p>\n

The building\u2019s tenant roster also includes the likes of coworking giant Regus, accounting firm Prager Metis and recruitment agency Abacus Group.<\/p>\n

Located between Seventh and Eighth avenues, the 461,396-square-foot 14 Penn Plaza \u2013 which has an alternative address of\u00a0225 West 34th Street \u2013 has witnessed several improvements in recent years. Part of a major redevelopment program at the historic Schwartz & Gross-designed Art Deco tower, the owners installed new security system and high-speed elevators, refurbished the lobby, and overhauled the building\u2019s infrastructure.<\/p>\n

MRCE has previously been involved in projects such as\u00a01 World Trade Center, the\u00a0Gov. Mario M. Cuomo Bridge\u00a0and the\u00a0Jacob K. Javits Convention Center\u00a0expansion.<\/p>\n

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After a quarter of a century spent at the 14 Penn Plaza, Mueser Rutledge Consulting Engineers\u00a0(MRCE) has decided to continue calling the Midtown office building its home for the next 15 years. The structural engineering firm renewed its lease for 40,000 square feet of space at the Circle Realty Group-owned office tower. The company\u2019s footprint…<\/p>\n","protected":false},"author":56,"featured_media":36256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,39],"tags":[],"class_list":["post-36254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"\nMueser Rutledge Renews Lease at 14 Penn Plaza - CommercialCafe<\/title>\n<meta name=\"description\" content=\"Mueser Rutledge Consulting Engineers\u00a0(MRCE) has decided to renew its longtime lease at 14 Penn Plaza for an additional 15 years...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/mrce-renews-14-penn-renewal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mueser Rutledge Renews Lease at 14 Penn Plaza\" \/>\n<meta property=\"og:description\" content=\"Mueser Rutledge Consulting Engineers\u00a0(MRCE) has decided to renew its longtime lease at 14 Penn Plaza for an additional 15 years...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/mrce-renews-14-penn-renewal\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-19T07:05:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-25T13:09:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2023\/05\/midtown-manhattan-closeup.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1980\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Sabau\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Diana Sabau\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/mrce-renews-14-penn-renewal\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/mrce-renews-14-penn-renewal\/\",\"name\":\"Mueser Rutledge Renews Lease at 14 Penn Plaza - 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