News: Brokerage

Soloviev Group signs three
long-term leases at 9 West 57th St.

Manhattan, NY Soloviev Group has secured three new long-term leases at its flagship property, 9 West 57th St., as disclosed by company chairman Stefan Soloviev. The deals — signed with Hess Group LLC, Beaconlight Capital LLC, and Platinum Equity Advisors LLC — together account for 40,728 s/f of office space.

Hess Group signed for 19,544 s/f, Beaconlight Capital leased 5,281 s/f in the only available space on the newly finished amenity floor and Platinum Equity Advisors a global investment firm, secured 15,903 s/f on the 46th floor.

The CBRE team of Howard Fiddle, John Maher, Gregg Rothkin, Alex Leopold, and Tara Rhodes represented ownership in the transactions. Hess Group was represented by Howard Hersch of Newmark, Beaconlight Capital was represented by Alex Chudnoff of JLL and Platinum Equity was represented by Ben Friedland and Gary Davies of CBRE.

“It is an honor and a privilege to welcome Hess Group, Beaconlight Capital, and Platinum Equity to the best commercial building in the world,” said Soloviev. “These new tenancies underscore our commitment to delivering unmatched office space and exceptional amenities in the center of the plaza district, the most sought-after commercial location in the world,” he said.

“The level of leasing activity by world class tenants is a direct reflection of the building’s repositioning strategy and the Soloviev Group’s investment in elevating the tenant experience,” said Howard Fiddle, vice chairman, CBRE.

The skyscraper recently completed major upgrades to the lobby, elevator modernization, and building system technology. Additionally, as part of its renewed commitment to bolstering the tenant experience, 9 West 57th St. introduced new amenities including a 20,000 s/f amenity floor, offering Central Park views, modern conferencing, multi-functional meeting space, a grab & go coffee bar, executive dining, and a hospitality area. Tenants also have exclusive access to an 11,000 s/f fitness center that will feature a cold plunge and hot spa-pool, golf simulator, spa-quality locker and shower rooms. In addition, tenants have access to the Soloviev Foundation gallery featuring a quarterly rotation of masterworks by Alberto Giacometti, Henry Matisse, Vincent van Gogh, and Basquiat.

Over the last several years 9 West 57th St. has recruited a list of tenants including long-term large footprint occupiers Apollo Global Management, CHANEL, Loews Corp., Qatar Investment Authority, Coatue, Veritas and Standard Industries. Additionally, recent additions of Mousse Partners, Davidson Kempner, Tikehau Capital, Jain Capital, PointState Capital and Panco Operations.

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