With two years remaining on an existing 15-year lease at 655 Third Ave., the New York Compensation Insurance Rating Board will be relocating about three blocks north to 733 Third Ave. by the end of this year.
Both office buildings are the property of the Durst Organization. The insurance rating board has been a tenant of Durst since 1955 at different locations, George Vega, the board’s vice president of finance, said in an interview. The board outgrew the current space and needed more room, he said.
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