One Vanderbilt Update and Boutique Availabilities

July 12, 2019

Scott Ansel

Contributing Writer – HedgeFundSpaces.com
Associate, Savills Studley, Inc.
New York State Licensed Real Estate Salesperson

Call 212-326-8607

Located in the heart of Manhattan’s largest transportation hub, One Vanderbilt will boast 73 stories, stands at 1,401 feet and feature the most state-of-the-art amenities and technologically advanced infrastructure the city has ever seen. From highly efficient column-free floor plates to unparalleled slab heights (ranging from 14.5′ – 24′), One Vanderbilt truly has no rival. It has experienced tremendous success in leasing with a wide variety of brand name tenants including Greenberg Traurig, McDermott Will & Emery, TD Bank, TD Securities, Carlyle Group, MFA Financial, KPS Capital, and Sentinel Partners. As a result of the influx of industry titans, there are a number of floors that have been granted as option space. SL Green has now made it clear they will consider dividing these floors in order to cater to the extensive demand from boutique users. Consequently, availability spans from the base of the building through the mid-rise/tower levels with varying sizes. Pricing ranges from $135 – $168 per square foot.

However, the most coveted opportunities lie at the top of the building. The entire 72nd and 73rd floors measure 10,641 and 9,701 rentable square feet and feature 20′ and 24′ slab heights respectively. Additionally, there are unique panoramic views into the horizon and 450 square foot terraces on each. Finally, these come at a hefty premium incomparable to anything but the Penthouse of 425 Park Avenue with asking rents of $320 per square foot! These will be available for possession in Q3 2020.

If you have any additional questions on One Vanderbilt please click here. Feel free to try our office space search here.

 

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