The Moinian Group’s 535 Fifth Ave. reaches 90% occupancy

Manhattan, NY The Moinian Group said that its 535 Fifth Ave. office and retail property in Midtown has now reached 90% leased, with tenant Altice USA taking the entire 23^rd floor.

Cablevision Lightpath leased the 4,850 s/f prebuilt space at 535 Fifth Ave., with plans to occupy its new offices in Q3 2023.

“As we close in on being 100% leased at 535 Fifth Ave. the market continues to tell us that spaces providing high-end turnkey opportunities in prime locations are still very much in demand,” said Omar Sozkesen, vice president, commercial leasing for The Moinian Group, which is celebrating its 40^th year in operation.

Mitchell Arkin and Garett Varricchio, of Cushman & Wakefield, and James Cassidy, of DHC Real Estate Services, represented ownership in the transaction. Lou D’Avanzo and Lexie Perticone, of Cushman & Wakefield, represented the tenant.

Earlier this year, Forest Hills Financial Group, a subsidiary of The Guardian Life Insurance Co. of America, leased the entire 7,175 s/f 13^th floor at 535 Fifth Ave.