SL Green offers Ideal Hedge Fund Space at 10 East 53rd Street

June 11, 2012

Lance Leighton

Founder –
New York State Licensed Real Estate Salesperson

Call 516-557-1160

10 East 53rd Street has always been a relatively low-key, mid-block office building.  Anchored by HarperCollins in the base, the tower features 9,000 sf floorplates and has long attracted boutique financial services firms.  With the recent sale to SL Green, the asset is about to undergo a MAJOR facelift.  SLG has pledged to commit a tremendous amount of capital towards upgrading the building lobby, plaza, elevator cabs and building systems.  The building will become an absolute GEM in The Plaza District and will cater perfectly to the hedge fund community. 

As of now, there are several floors available for lease, however, the 34th floor is the most special.  Pricing for the entire 34th floor is $100 psf and the landlord will build-to-suit an incoming tenant’s needs.  The space features minimal columns, oversized windows, stunning views of the City and Central Park and three sides of exposure.  It is a unique opportunity for a small tenant to occupy an entire floor.   

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