Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
There is no question that 888 Seventh Avenue is one of the best office buildings in all of New York City. Located on the corner of 57th Street and Seventh Avenue, it is owned by one of the top landlords in New York City (Vornado Realty Trust) and boasts a tenant roster featuring some of the largest names in their respective industries. Though the building is nearly full on a direct basis (other than a couple of larger availabilities for institutional users), there is a unique opportunity that is not yet on the market for 2,817 square feet.
Available for occupancy in April, the partial 27th floor features southwestern corner exposures. Recently built to a very-high standard with 1 office, a conference room, pantry, reception area and open trading for +/- 8-12 people, this is the perfect suite for any early-stage or start-up hedge fund or financial services company. Additionally, furniture can be made available for an incoming tenant, which makes it even more desirable. Though it is not a sublease, Vornado will consider doing a short-term deal with minimal work, though they would consider modifying for a longer lease duration. The asking rent is $85 psf.
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