Stark Office Suites Excelsior division signs 17,300 s/f lease at 717 Fifth Ave.

Manhattan, NY Savills represented Stark Office Suites in a long-term lease at 717 Fifth Ave. Through its Excelsior brand, Stark has secured 17,300 s/f across the 13^th and 14^th floors of the recently reimagined boutique tower in Manhattan’s prestigious Plaza District. Savills senior managing director Craig Lemle and vice chairman Roi Shleifer represented Stark.

Excelsior represents Stark’s elevated brand–a premium, contemporary environment offering superior amenities and service in premier buildings. Designed for discerning professionals such as family offices, CEOs, and boutique investment firms, the division delivers a distinct workplace experience that sets a new standard for elegance and sustainability in one of New York’s most exclusive submarkets.

“This transaction underscores our long-term partnership with Stark Office Suites,” said Lemle. “Over the past five years, Savills has worked alongside Stark on three major Manhattan leases, and it has been rewarding to play a role in supporting their growth. Excelsior’s move to 717 Fifth Ave. reflects both the strength of its business model and the city’s ongoing demand for high-end flexible office space.

717 Fifth Ave., located within proximity to Central Park, has recently undergone a multi-million-dollar renovation featuring a hospitality-inspired lobby by renowned architecture firm Pei Cobb Freed & Partners and an 8,000 s/f amenity center designed by MKDA. Tenants benefit from Central Park views, boutique tower floors with branding opportunities, upgraded elevators and corridors, and a high-end tenant lounge and conference center. Surrounded by some of the city’s finest retail, restaurants, and hotels, the building offers an unparalleled Plaza District address that projects prestige and exclusivity.

“Stark’s Excelsior brand continues to thrive, and this lease at 717 Fifth Avenue allows us to expand into one of the most prestigious submarkets in New York City,” said AdamStark, president of Stark Office Suites. “Our 2024 opening at 825 Third Ave. exceeded expectations, and strong demand has reinforced our decision to grow further. This location is ideally situated to bring Excelsior’s premium office experience to the Plaza District, and we are grateful to have Savills as a trusted partner in helping us achieve this vision.”

CBRE represented the building’s landlord.