Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
As contemporary office buildings become more and more prevalent in Manhattan, the owners of older buildings in prime locations have invested in their spaces recently. Kamber Management just purchased 120 West 45th Street (Tower 45), and the building has all of the amenities that you would expect of great Class A office space. The location of 45th street just west of Sixth Avenue has great proximity to Bryant Park, Port Authority, and Grand Central. Home to a plethora of financial and law firms, the building caters well to all of its tenants. One group, for example, moved to the building in 2015 leasing a beautiful new suite with great open views on the 23rd floor and are about to put their space on the market for sublease.
Measuring 4,394 rentable square feet, the space shows extremely well with high-end glass-fronted offices and wood doors. The layout consists of 7 perimeter offices, an executive corner office, a large conference room, a pantry with marble countertops and high-end appliances including a dishwasher, and open area for 8-10 employees. The space is fully furnished and wired, which saves capital and a headache for any incoming subtenant. In addition, the unit has direct elevator presence and a double glass door entry. Available immediately for sublease, the tenant’s term extends through December of 2018 creating a great short-term plug and play opportunity for a startup hedge fund, private equity firm, or family office.
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