Penthouse Office Space in Park Avenue’s Newly Renovated Gem – 280 Park Avenue

May 9, 2013

Lance Leighton

Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson

Call 516-557-1160

High-End Office Space on Park Avenue – Near Grand Central

280 Park Avenue, a joint investment between publicly traded real estate companies Vornado and SL Green, is in the process of undergoing extensive renovations to the lobby, elevator cabs, facade and building systems.  Upon completion of the much needed $125 million facelift, the asset will undoubtedly become one of the most prestigious addresses on Park Avenue and in The Plaza District.  Formerly home to the NFL and Deutsche Bank, the building has a tremendous amount of office space available in the base of the building.  However, the most coveted suite, the partial 43rd floor penthouse (6,678 rsf), is available as well.

Unlike most traditional office spaces on Park Avenue, the penthouse at 280 Park Avenue offers soaring ceiling heights, extra-large windows and breathtaking views.  Additionally, the floorplan is highly conducive to trading firms and hedge funds.  The building’s leasing team has plans to demolish the existing installation and will build-to-suit an incoming tenants needs.  Asking rent for the space is about $150 per square foot.

Looking for high-end office space?  Click here for a free customized search.

Recent Posts


Year in Review – The Largest Office Relocations

  • By Lance Leighton | January  05,  2018

BlackRock, Bank of America and Third Point had Midtown Manhattan's most notable new leases. There is no question that 2017 was a solid year for New York City commercial real…

What Are The Benefits of Having Tenant Representation

  • By Lance Leighton | May  24,  2012

Tips for Choosing a Tenant Representation Office Space Broker Office space is one of the most meaningful and influential decisions for a company's executive.  Depending on the size of the…

Two Financial Tenants Sign Deals in Two Adjacent

  • By Lance Leighton | August  08,  2012

Hua Nan Commercial Bank, 330 Madison Avenue - The gleaming office tower on the corner of 42nd Street and Madison Avenue, recently underwent major renovations.  As a result, it has…