Braver of Cushman & Wakefield reps AFE in 4,758 s/f pre-built lease at Malkin Holdings' 250 West 57th Street
February 27, 2012 - Front Section
Andrew Braver of Cushman & Wakefield represented AFE in the lease negotiations. Harry Blair, Sean Kearns and Kelli Mekles of Cushman & Wakefield represented the landlord.
"W&H's pre-builts are a major success story throughout the market," said Malkin. "They offer not only great layouts and convenient deal execution, but also energy efficiency and sub-metering with high-quality materials and furnishings. They are exceedingly popular with brokers and tenants, who often lease the units before they are completed."
Headquartered in Oakland, Calif., AFE assists clients in all phases of business advisory and complex litigation. Its clients include leading international law firms, companies, trade associations, and government agencies, such as the Securities and Exchange Commission, U.S. Department of Justice, and the Internal Revenue Service. An additional office is located in Chicago.
Located along the convenient 57th St. corridor, and just steps from the Time Warner Center, Carnegie Hall, Lincoln Center, and Central Park, 250 West 57th St. comprises 26 stories and 535,000 s/f of modern office space. It offers direct in-building access to the Time Warner Center/Columbus Circle subway station, serving the A, C, B, D and 1 subway lines, and immediate access to all major bus lines.
The property's recently completed $82 million upgrade program includes a renovated lobby, renovated elevator cabs, new windows, renovated air-conditioned public corridors and restrooms, and upgraded building-wide systems, including state-of-the-art electrical, plumbing, HVAC and security.
Part of the W&H Properties' Pre-War Trophy office portfolio, 250 West 57th St. is supervised by Malkin Holdings LLC. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives.
Available space includes W&H portfolio high-end pre-built suites from 2,500 to 7,000 s/f and build-to-suit spaces up to 10,600 s/f.
Broker commissions are paid in full at lease signing.