Brand New Class A Office Building in Midtown Manhattan – 250 West 55th Street – High-End Column Free Office Spaces

September 3, 2013

Lance Leighton

Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson

Call 516-557-1160

250 West 55th Street – The Newest Class A Office Building in Midtown Manhattan

250 West 55th Street is Midtown’s newest office tower.  With features such as efficient column-free floorplates, abnormally high ceilings, extra-large windows, and incredible light and views, the asset has achieved two major law firm deals in the recent months.   Legal powerhouses, Kaye Scholer and Morrison Foerster, both signed long-term leases in the ultra-chic and modern building.  (Looking for high-end office space in another geographic region?  Click Here)

As a part of their deal structure, MoFo has options on both the 25th floor (in 5 years) and the 16th floor (in 10 years).  Accordingly, Boston Properties has pre-built both floors to a very high standard (and at significant discounts) in hopes of attracting smaller tenants (i.e. hedge fund office space users).  The units range from roughly 3,000 to 7,000 square feet and the landlord will reasonably modify the existing installations to suit an incoming tenant’s needs (click here for the corresponding floorplans).  The landlord is asking $88 per square foot on the 25th floor units and $78 for the 16th floor spaces.

 

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