RFR Realty leases 9,100 s/f to Pamplona Capital at 375 Park Avenue
According to RFR Realty LLC, Pamplona Capital Management has signed a 9,100 s/f lease at 375 Park Ave.
Pamplona, a specialist investment manager that manages assets for public pension funds, international wealth managers and others, took the space on the 17th floor of the building.
The lease follows a flurry of activity in the landmarked building, including Atlas Merchant Capital's 17,519 s/f lease, Invemed Associates' 7,000 s/f renewal, and Fintech Advisory's 10,000 s/f renewal and expansion.
Located on Park Ave. between 52nd and 53rd Sts., 375 Park Ave. remains the preeminent office building in New York City, if not the world. It already houses some of the world's premiere sovereign wealth funds, private equity firms, hedge funds and boutique financial services firms and continues to attract more, as Pamplona's lease demonstrates.
Steve Morrows, RFR Realty executive vice president and director of leasing, represented the company in-house in the lease negotiations.
Pamplona was represented in the lease by Joseph Simone of Tishman Real Estate Services.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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.
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,