Brand New Hedge Fund Sublease at 280 Park Avenue – Fully Furnished Trading Space in a Midtown Trophy Building

March 5, 2013

Lance Leighton

Founder –
New York State Licensed Real Estate Salesperson

Call 516-557-1160

Furnished Hedge Fund Office Space in Midtown Manhattan – Class A Building

There is a brand new sublease that just hit the market at 280 Park Avenue.  The partial 30th floor is being offered for sublease from a large German Bank. (Click here for photos of the actual space and floorplans).  The entire space measures 17,014 rentable square feet and can be divided into two units, 12,592 sf and 4,422 sf respectively.

The larger premises is furnished and currently built with 9 offices, 2 conference rooms, pantry, reception, open trading/administrative areas, pantry and gym.  The smaller suite currently has an office intensive layout and boasts the same finishes.  Both spaces are built to a very high-standard and feature a tremendous amount of wood and glass.  Additionally, these luxury units would be highly appropriate for a hedge fund or other financial services firms.

The sublandlord is asking in the high $70’s per square foot and the space can be made available i

mmediately.  The term is just over 5 years- running through November 30, 2018.

The building, which is a joint investment between real estate juggernauts Vornado and SL Green, is in the process of undergoing extensive renovations to the lobby, elevator cabs and facade.  Renderings of the proposed changes can be seen below.

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