New Office Building Designed for Hedge Funds, Private Equity and Family Offices
New Office Building Designed for Hedge Funds, Private Equity and Family Offices
New York City has a new office building designed specifically for hedge funds, private equity and family offices. 34 East 51st Street between Madison and Park Avenues is a boutique corporate headquarters that is scheduled to open in mid- 2016. Designed by the respected architect Skidmore, Owings & Merrill, this 296 foot tower is constructed of steel and glass with state-of-the-art infrastructure. Purposefully intimate, it includes 16 single-Tenant floors with dimensions from 2,600 to 4,700 rentable square feet. Each private floor features side-core elevators, 12’6″ ceiling heights (10′ finished), northern and southern exposures and a Tenant-controlled (air-cooled) package air conditioning unit providing 24 hour service.
34 East 51st Street has a rich amenities package well suited to its elite clients. Included is a: (1) Marble lobby with 24/7 access, reception and security; (2) Concierge Floor with a 30-person conference room, lounge seating, coffee bar and outdoor terrace; and (3) Fitness center with exercise equipment, golf simulator and locker rooms.
NEW HEADQUARTERS FOR HEDGE FUNDS, PRIVATE EQUITY AND FAMILY OFFICES
34 East 51st Street is quoting rents from $100.00 per rentable square foot in the base of the building up to $135.00 on higher floors. The Landlord will provide a Cash Contribution and rent abatement to facilitate the Tenant-managed construction of custom office space. As an alternative, the Landlord is pre-building some floors which will soon be available for immediate occupancy.
ABOUT Cogent Realty Advisors
Cogent Realty is an independent and licensed NO FEE Tenant Representation Broker with over 15 years of experience representing NYC business. Cogent maintains an extensive building and owner database as well as current “closed deal” contract information. Our goal is to secure the right office for your business at the right price. Phone Mitchell Waldman for information: (212) 509-4049.