News: Brokerage

The Moinian Group signs Shafer Clinic to lease at 535 5th Ave.

New York, NY The Moinian Group has completed a two-floor expansion with the Shafer Clinic at 535 5th Ave., the owner/developer’s prime midtown asset. Led by double board-certified cosmetic surgeon David Shafer, MD, the practice’s medical office footprint in the building is now 25,000 s/f.

The Shafer Clinic, which already occupies the 32nd – 36the floors, has now expanded by 9,700 s/f onto the 29th and 30th floors. Dr. Shafer specializes in all aspects of aesthetic and cosmetic surgery, combining and surgical and non-invasive procedures.

“The velocity of leasing activity is accelerating throughout our office portfolio,” said Ted Koltis, executive vice president of Commercial Leasing for The Moinian Group. “Dr. Shafer is a long-time tenant with a thriving practice who needed additional space to accommodate the growth of his practice. We are gratified to know that he will continue to be a tenant at 535 5th Ave. for years to come.”

Built in 1927, 535 Fifth Ave. is a 36-story, 329,733 s/f office tower located in Midtown Manhattan. Renovated by the architectural firm Gensler, this leasable workspace is well known for its architecture, full-floor spaces, and views of Fifth Ave. and the city's skyline.

Tenants and visitors can enjoy opulent retail and high rated restaurants nearby such as Osteria del Bianco, The Capital Grille, and Kaoru.

Inside, this building features a variety of amenities such as 24/7 on-site security, boutique full-floor leasing opportunities, video surveillance, and large windows that flood the workspace with natural light. 

This office building is well connected throughout the city and offers a close proximity to transportation options, such as the Amtrak from Grand Central Terminal, LIRR at Penn Station, Port Authority Bus Terminal, Times Square Station, Bryant Park, Herald Square Subway.

535 Fifth Ave. is a sustainable office building, this space boasts an environmentally responsible design, showcased by LEED Gold certification.

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