Boston Properties (NYSE:BXP) signed two additional long-term leases totaling 250,000 square feet at its 399 Park Avenue property, located in midtown New York City.

The two new leases have an average lease term of more than 15 years and include an existing tenant that has extended and expanded its current lease, and a lease with a new tenant that absorbs near-term expiring space.

These two leases follow Boston Properties’ recently-announced 300,000 square foot lease with a leading investment management firm, bringing total recent leasing at 399 Park Avenue to more than 550,000 square feet.

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