News:
Brokerage
Posted: September 12, 2023
SL Green Realty leases 21,640 s/f to BlueCrest Capital at 450 Park Ave.
Manhattan, NY According to SL Green Realty Corp., BlueCrest Capital Management, a leading British-American hedge fund, has signed a new 15-year, 21,640 s/f lease covering the entire 30th and 31st floors at 450 Park Ave.
“We are proud to welcome BlueCrest Capital Management,” said Steven Durels, SL Green’s executive vice president, director of leasing and real property. “450 Park Ave. is the ideal address for high-profile firms seeking a combination of high-quality work environment, prestigious location and exciting amenities.”
Rising 33 floors, 450 Park Ave. is located at the intersection of 57th St. and Park Ave. Aston Martin opened its inaugural Manhattan showroom on the ground floor level. Building upgrades are underway which include a new lobby and tenant-only spa-quality fitness center.
BlueCrest Capital Management was represented by Daniel Posy and Joe Messina of JLL, and the landlord was represented by Paul Amrich, Neil King, Alexander D’Amario and Maxwell Tarter of CBRE.
Tags:
Brokerage
MORE FROM Brokerage
200E20TH sells out in Gramercy, penthouse A closes out sales at the CetraRuddy-designed condominium residences
Manhattan, NY 200E20TH, the CetraRuddy-designed architectural masterwork that brought a curved, contemporary sensibility to Gramercy’s Beaux-Arts streetscape, has
Quick Hits
 (2).gif)
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
.gif)