FirstService Residential takes 48,000 s/f at 575 Fifth Ave.; Friedman of Colliers is broker

Manhattan, NY FirstService Residential, a leading manager of residential communities in North America, signed a long-term lease for 48,000 s/f across the 9^th and 10^th floors of Beacon Capital Partners’ 575 Fifth Ave. The company is relocating from 622 Third Ave.

The tenant was represented by Mark Friedman of Colliers, and the landlord self-represented. The space is currently being built out to meet FSR’s vision by Montroy DeMarco Architecture, LLP, with Jack Green & Associates as the mechanical engineer. FirstService anticipates a fall 2022 move-in.

FirstService Residential is committed to improving the quality of life for its nearly 500 associates, and is currently working toward WELL Silver certification. The WELL Building Standard is a vehicle for buildings/organizations to deliver more thoughtful and intentional spaces that enhance human health and well-being. Backed by the latest scientific research, WELL aims to advance human health through design and operational protocols, as well as policies that foster a culture of health and well-being.

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