Tilden Park Capital takes 452 Fifth penthouse

TRD New York /
Dec.December 08, 2013 04:00 PM

 Fixed-income-focused alternative asset manager Tilden Park Capital Management is moving its headquarters from 900 Third Avenue to the 452 Fifth Avenue.

The firm signed a 16,140-square-foot lease for the entire 28th-floor penthouse at the PBC USA Real Estate-owned building, which came on the market for first time in July. Asking rents at the 865,000-square-foot Class A building are over $100 per square foot, according to the New York Observer.

“The Tilden Park lease is just the latest example of the high-profile financial industry companies that have made 452 Fifth Avenue their headquarters over the past two years,” Alicia Popper, senior vice president of leasing and construction at PBC USA Real Estate, said in a statement. “With the completion of this major deal we now only have the top two penthouse floors available for lease at the property. Given the success we have enjoyed thus far, we do not anticipate this unique space to be on the market for long.”

Popper worked with an exclusive leasing team from CBRE consisting of Craig Reicher, Howard Fiddle, James Ackerson, Zachary Freeman, Sinclair Li and Greg Maurer-Hollaender. [NYO]Christopher Cameron

Related Articles

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Rodrigo Niño (Credit: Prodigy Network and iStock)

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation