BY DANIEL GEIGER

McKinsey & Company, the business consulting firm, is putting two of its floors at the office tower 55 East 52nd Street, on the market for sublease, an offering roughly 60,000 square feet in size.

The move would appear to be a sharp reversal for the company, which only months ago seemed like a candidate to grow in the building.

McKinsey had been identified as a leading potential taker of floors in the tower that opened up when MF Global, former New Jersey Governor Jon Corzine’s investment firm, which was a tenant there, tumbled into bankruptcy last year casting its offices back onto the market.

MF Global’s space, which was also about 60,000 square feet and comprises two floors at the 1.2 million-square-foot building, has found another taker according to sources, an investment fund.

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BY MICHAEL EWING

LinkedIn is set to expand to 10,400 square feet on the 24th floor in the Empire State Building.

“Their sales force is expanding in New York City and they are out of space on their main floor,” Sacha Zarba, a senior vice president of CBRE told The Commercial Observer.

LinkedIn initially moved into the building in 2010 and has maintained a 32,000-square-foot space on the 25th floor. “Initially, [LinkedIn] was attracted to the space since it was beautifully built with furniture included. An architecture firm had vacated, leaving behind a beautiful installation,” Mr. Zarba further noted. “In addition, the location relative to mass transportation was ideal and the branding opportunities of being in the Empire State Building are terrific.”

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BY MICHAEL EWING

IIG Capital has inked a deal to expand its lease at 1500 Broadway. The trade finance firm will now occupy 5,679 square feet in Tameres Realty’s prime Times Square building.

“[Their] growth was due to a new business line [that] they have added,” said Paul Amrich, vice chairman of the New York tristate region division at CBRE, about the deal. “They like the Times Square energy, boutique floor plates, and great light and air [the] floors offer.”

Mr. Amrich and his colleagues Patrice Hayden Meagher, first vice president, and Daniel Bodner, a senior associate, were the exclusive leasing team for 1500 Broadway. Erik Schmall, an executive managing director at Studley, represented the tenant in the transaction.

“They’ve expanded by 4,000 square feet on the same floor,” Mr. Schmall noted. “It’s a good-quality building with lighting and views. They’ve been [there] almost 10 years now.”

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BY MICHAEL EWING

Ageless Men's Health is set to open a new office at 80 Park Avenue.

The health clinic will occupy a 1,200 square foot professional space on the ground floor of the condominium building.

"[Ageless Men's Health] is expanding and needed another office to treat men," said Simone Lillian, a director at Sinvin Real Estate and broker on the deal.

"They wanted to be near Grand Central," she added. "They were looking for location more than anything."

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