British insurance firm Aon has sublet 112,000 square feet in Midtown from Cerberus Capital Management, Crain’s reported. Aon will take the 14th, 21st, 22nd and 23rd floors of 299 Park Avenue, between East 48th and East 49th streets, at a rate of approximately $50 per square foot, Crain’s said. The space will serve as the firm’s temporary headquarters after Hurricane Sandy flooded the block where its 199 Water Street offices are located. Several other firms [more]
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