Park Avenue Office Space with a Huge Terrace – Not yet on the market!

Known as one of the better boutique buildings on Park Avenue, 350 Park houses many notable tenants, including Ziff Brothers Investment, CICC, Peconic Partners, MFA Mortgage Investments and M&T Bank.  Resulting from highly conducive and efficient floorplates, institutional ownership and easy access to transportation, the building is 100% occupied with hedge funds and boutique financial services firms.  However, the asset has a secret office space opportunity, exclusively known by HedgeFundSpaces.com, coming available within the next several months.

The entire 18th floor measures 10,804 rentable square feet.  The landlord, Vornado, is in the process of whiteboxing the unit and installing new bathrooms and terraces.  The terrace areas have over 3,800 square feet of outdoor spaces, which is perfect for entertaining guests and investors.  The landlord will build-to-suit an incoming tenant’s needs and is perfect for a hedge fund, private equity firm, law firm or boutique financial company. Below is a proposed trading intensive layout.  Asking rents are $120 per square foot.