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New York

LeFrak’s W. 57th St. tower almost full

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After a $30 million face-lift five years ago, the LeFrak Organization’s tower at 40 West 57th Street is almost completely full. Highbridge Capital Management has agreed to lease 110,000 square feet on the top five floors. The asking rent was $130 per square foot for floors 30 through 32 and $140 for the top two floors. The only space left in the tower is 25,000 square feet on the 27th floor, which LeFrak Organization President Richard LeFrak said would be taken by existing tenants.