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Manhattan’s iconic Helmsley Building sets new asking‑rent record with StoneX lease expansion

New York landmark sits above Grand Central Terminal transit hub
The Helmsley Building at 230 Park Ave. has set its highest-ever asking rent. (RXR)
The Helmsley Building at 230 Park Ave. has set its highest-ever asking rent. (RXR)
CoStar News
February 9, 2026 | 8:23 P.M.

Manhattan’s near-century-old Helmsley Building above New York's Grand Central Terminal has posted its highest asking rent ever — $120 per square foot — with a lease expansion, as the cost of Manhattan’s top-dollar workplace spaces rise to record highs.

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