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Park Avenue Plaza

55 East 52nd Street
New York, NY 10022
(212) 940-6255
Website
Office, Conversion
Park Avenue Plaza
The Park Avenue Plaza Building is a 575-foot office skyscraper in Midtown, Manhattan. It was built in 1980 by Fisher Brothers and designed by architects at Skidmore, Owings & Merrill in the modernist style. Fisher Brothers sold a 49% stake in the building for $330 million in 2010, a stake which is currently owned by Soho China, who paid over $569 million for it in 2011. The most notable tenants of Park Avenue Plaza include McKinsey & Company, which has a 295,150-square-foot lease in the building. Aon Risk Services takes 272,080-square-feet and Intercontinental Exchange has 93,365-square-feet. Other big names include BlackRock (61,124-square-feet). Formerly, the building held offices of MF Global before it declared bankruptcy in 2011. In total, the building contains 1.2 million square feet.
  • Year Built 1980
  • residential units 0
  • square feet 1,064,223
  • block and lot 1-01288-0027
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Kwok 2
04/23/15
Many in New York associate Chinese real estate companies with limitless funds and a never-ending ability to invest here. But what if they are wrong?...
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02/24/15
The world’s largest asset manager is once again expanding its footprint at Park Avenue Plaza. BlackRock, which took over the full 26th floor at the...
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07/17/13
Real estate private equity firm Rockpoint Group is in a hard contract to take a 49.5 percent stake in two Fisher Brothers’ office towers in...
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09/14/12
The family-run real estate investment company Fisher Brothers purchased a site adjacent to the American Stock Exchange building  in Lower Manhattan from two investors who...
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08/17/12
Samuel “Sandy” Lindenbaum, a counsel at Kramer Levin Naftalis & Frankel and one of the city’s biggest land-use attorneys, died this afternoon in his East...
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07/18/12
MF Global’s former Park Avenue Plaza space at 55 East 52nd Street has been spoken for. Intercontinental Exchange, which provides market services and technology for...
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06/11/12
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02/28/12
Biggest building purchases of 2011Three out of the five biggest building buys in 2011, by price, were Manhattan office towers, according to figures from The...
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01/09/12
From left: 230 Park Avenue, 299 Park Avenue and Park Avenue PlazaLast year saw a number of notable commercial transactions, as the rising demand for...
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12/07/11
Candia Fisher Real estate billionaire Candia Fisher was defrauded out of more than half a million dollars, the New York Post reported. Candia Fisher, 64, sister to...
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10/27/11
When Boston-based real estate investment firm the Rockpoint Group announced that it had sold its stake of Park Avenue Plaza at 55 East 42nd...
10/19/10
The Fisher family, who began developing real estate in 1915, has reached a deal to sell its 49 percent minority stake at Park Avenue Plaza...
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 62,000
notes
The derivatives brokerage leased the entire 39th and 40th floors for about 11 years. The tenant is subleasing the space from Swiss RE for the first two years of the deal; the remainder of the lease will be a direct deal with landlord Fisher Brothers.
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 30,294
  • Publication Date 03/01/2007
  • Event Date 01/20/2007
  • Party 1 Aon Service
  • Party 1 Brokerage CBRE
  • Party 2 Fairfield Greenwich Advisors
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Marc Shapses, Jeff Schwartzenberg
notes
The alternative asset management firm inked a long-term sublease and is relocating from 919 Third Avenue.
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 150,000
notes
Blackrock subleased the space from the Dutch financial firm.
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 31,500
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Swiss Re
  • Party 2 Evercore Partners
notes
Private investment bank relocates from 65 East 55th and expands
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