Princeton Holdings Inks 5,700 sf Lease at The Seagram Building – 375 Park Avenue

September 4, 2012

Lance Leighton

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

Call 516-557-1160

Princeton Holdings Inks 5,700 sf Lease at The Seagram Building – 375 Park Avenue

Princeton Holdings, a New York based real estate investment firm led by Joseph Tabak, recently inked a lease for the partial 16th floor at 375 Park Avenue, better known as The Seagram Building.  The company reportedly signed a 10 year lease for approximately 5,700 rsf.  Asking rents for Aby Rosen’s trophy asset were about $140 psf.  (Looking for a sublease or other availability in The Seagram building?  Click here.)

The asset is best known for its lavish plaza entrance, surrounded by fountains and Rosen’s eclectic (and uber-expensive) collection of artwork.  The architectural wonder, designed by Ludwig Mies van der Rohe, is home to some of the most prestigious tenants and hedge funds in the world, including Russian billionaire and the Brooklyn Nets’ co-owner, Mikhail Prokhorov.

The ultra luxury office building, which is known to have some of the highest rents in New York City, is home to power eateries, Brasserie and The Four Seasons.  Additionally, it also boasts a parking garage with direct access to the building.

 

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…