Short-Term Hedge Fund Sublease in Midtown Manhattan

February 19, 2016

Lance Leighton

Co-Founder – HedgeFundSpaces.com
Senior Managing Director, Savills
New York State Licensed Real Estate Salesperson

Call 212-326-8668

Furnished Plug & Play Office Space in The Plaza District  with Central Park Views

Carnegie Hall Tower is one of Manhattan’s most prestigious boutique office buildings.  Located at 152 West 57th Street (between Sixth and Seventh Avenues), the asset is a stone’s throw away from Central Park and boasts a tenant roster filled with notable financial firms.  Home to a plethora of hedge funds, private equity firms, and investment banks, it often commands rents in the triple digits for the tower floors.  Though the upper floors often trade at a significant premium due to their unrivaled views, Canyon Capital Partners is offering their space for sublease at a steep discount to the market.

Located on the NORTHERN portion of the 25th floor, the 4,449 square foot unit features Central Park exposures and is currently built with 8 perimeter offices, a large conference room, open work area for up to 5 people and a modern pantry (floorplan below).  Due to the lack of open “trading area”, this opportunity lends itself well to an office intensive hedge fund, investment bank or private equity firm- especially since it is fully furnished and relatively short-term (through June of 2019).    With an asking rent of $76/psf, it is highly unlikely that this opportunity will remain available for long, accordingly, if there is interest, contact us here for more information or click here for our free office space search.

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