News: Brokerage

Resolution RE's Adler arranges seven-year lease for Western Management at Carnegie Hall Tower

New York, NY Michael Adler, director/Leasing, Resolution Real Estate Partners LLC, a member of NAI Global, has arranged a seven-year lease at Carnegie Hall Tower, 152 West 57th St., for Western Management Corporation. The family-owned real estate firm, which is the development and management arm of Mactaggart Family & Partners, LTD, will be relocating from 74 Broad St. in June 2022. 

“This is an excellent relocation that places this venerable firm in a trophy building within the Plaza District, next to the Russian Tea Room and Carnegie Hall, and surrounded by great transportation,” said Adler. “Adding to the benefits, the landlord’s team structured a lease that provided the space to reflect Wester Management’s needs.”

Matt Leon and Andrew Margolin of Newmark represented the landlord, TF Cornerstone, Inc. Asking rent was $90 per s/f.

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