Brand New Furnished Hedge Fund Office Space on Central Park

February 4, 2016

Lance Leighton

Co-Founder – HedgeFundSpaces.com
Senior Managing Director, Savills
New York State Licensed Real Estate Salesperson

Call 212-326-8668

Not Yet On The Market – Hedge Fund Space Formerly Occupied by Orange Capital with Central Park Views.

There’s no question that 1370 Avenue of the Americas is one of the best values in New York City when it comes to office spaces with Central Park views.  With direct deals typically trading in the $80’s/psf for the tower floors, it is substantially less expensive than its neighboring trophy assets.  Though there are numerous opportunities available in the building, none compare to a space that is currently occupied by Orange Capital, a fund that will be vacating their recently built space…

For those who are not familiar with the building, 1370 Avenue of The Americas is located on the southeast corner of Sixth Avenue and 56th Street.  Having recently undergone major renovations to the lobby, plaza, elevator cabs, common corridors and mechanical systems, the asset has attracted many notable financial services firms over the past couple of years.  Though the building is well leased with a 94% occupancy rate, there is a unique plug & play option that is not actively being marketed by the landlord, though it can be made available.

Located on the northern portion of the 27th floor, this move-in ready office space measures 6,049 rentable square feet.  It was recently built and furnished to a VERY high standard with 2 interior offices, 2 large conference rooms, a café style pantry, formal reception area and open trading for 16 desks.  Additionally, the unit is ready for occupancy immediately (floorplan here), which makes it perfect for any hedge fund or trading firm that is in the market for office space today.  Though this will be a direct deal with the landlord (click here to contact us for the asking rent), it has all of the perks of a sublease without the credit risks associated with one.  Click here for more information or to schedule a tour, or here for our free office space search.

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