The office component of Edward J. Minskoff Equities’ 51 Astor Place hit full occupancy last week, capping an extremely successful leasing run for the $300 million spec building. Minskoff managed to lure tenants ranging from hedge funds to IBM and score record rents for the area.
The Fumihiko Maki-designed building’s retail component, however, is a different story. Spanning nearly 24,000 square feet in the heart of the East Village, it has sat empty for nearly two years. [more]