Manhattan, NY Cushman & Wakefield has arranged a long-term 5,553 s/f lease extension for Empyrean Capital Partners at 499 Park Ave. The investment manager will continue occupying the entire 28th floor.

Cushman & Wakefield’s David Hoffman and Sam Hoffman represented the tenant in the transaction.

"The 28th floor at 499 Park Ave. offers Empyrean a unique combination of efficiency, privacy and beautiful views," said Hoffman. "The property’s prime location made it the ideal choice."

Located in the Plaza District, 499 Park Ave. is on the northeast corner of 59th St. and is a premium boutique office tower. The 28-story, all glass windowed building provides plenty of natural light and boasts access to to dining and high-end shopping options, boutique hotels and public transportation.