Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
As the demand for built and furnished, short-term office subleases in Midtown Manhattan continues to increase due to uncertainty because of the pandemic, identifying high quality options for tenants remains challenging. However, there is unique sublease opportunity for the PENTHOUSE in one of Grand Central’s most premier office towers, 90 Park Avenue.
Owned by institutional owner, Vornado Realty Trust, the asset recently underwent extensive renovations to the lobby, elevator cabs, mechanical systems and retail storefronts. Although the building is very well leased on a direct basis (there is only one small suite available), the 41st floor sublease opportunity is perhaps one of the most highly coveted in Manhattan due to its size (8,152 rentable square feet), location, ownership structure, building cache and high-level finishes.
Built only several years ago, the entire floor was recently constructed to a very high standard with exposed ceilings in the open areas, full-glass black office fronts, concrete floors, luxurious wood finishes, and custom furniture. Boasting extra-high ceilings and oversized windows, the space also highlights incredible views to the west, north and south. Currently constructed with seven (7) private offices, two (2) boardrooms, thirty-two (32) workstations/trading desks, two (2) collaborative pantries, and a large meeting room, the premises is perfect for any financial services tenant- including a hedge fund, private equity firm, investment bank, or family office (click here for a floorplan).
The term is only through November of 2023, which makes for incredible flexibility as well (though ownership will likely consider a direct extension if there is interest). Please click here to request more information (including the asking rent) or here to try our free hedge fund office space search.
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