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by Knotel: April 20, 2018

JPMorgan Chase and L&L Holding Co. executed the biggest office lease of 2018 so far late last week, when the bank agreed to fill the rest of 390 Madison Ave., L&L's massive redevelopment in Midtown. JPMorgan agreed to occupy 16 floors of offices in the 32-story tower and two ground-floor retail spaces. L&L is developing the building with Clarion Partners, acting on behalf of the New York State Common Retirement Fund, and the company run by David Levinson and Rob Lapidus brokered the lease for itself and JPMorgan, with Levinson, David Berkey, Andrew Wiener and Jim Traynor working on the deal.

CIT Group decided not to wait to renew its lease at Tishman Speyer's 11 West 42nd St. The lender renewed its deal for 150K SF on the 11th through 15th floors of

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