Plaza District office towers lure tenants with luxe amenities

Buildings offer lap pools, gyms for small companies

TRD New York /
Apr.April 01, 2014 06:45 PM

Boutique commercial towers in the tony Plaza District are reportedly attracting a slew of small financial outfits, despite high office rents there.

Taking a page from the book of residential tower developers, landlords of buildings between 53rd and 61st streets from Sixth to Park avenues are offering up pools, gyms, terraces and Central Park views to justify the cost of the lease, the Wall Street Journal reported.

And the strategy appears to be working, since the rate at which space will become available in the area is at 8 percent, now lower than Midtown’s 12 percent, the paper reported.

The club-like environment at Leonard Stern’s 667 Madison Avenue is a prime example, featuring a gym and bicycles for tenants to borrow as well as a “club-like” atmosphere, sources told the Journal. Harry Macklowe’s 510 Madison Avenue, first doubted due to financial troubles, offers a 50-foot lap pool and provides workout clothes for the building’s gym rats, according to the paper.  [WSJ]Angela Hunt

Related Articles

Harry and Linda Macklowe (Credit: Getty Images, iStock)

The Macklowes’ massive art collection nears auction

Harry Macklowe (Credit: Getty Images)

Macklowe’s brazen Hamptons act recalls Times Square scandal

Harry Macklowe, Linda Macklowe and 432 Park Avenue (Credit: Getty Images)

The latest in Harry Macklowe’s divorce: Linda’s appeal killed in court

A rendering of Tower Fifth with Harry Macklowe (Credit: Getty Images)

Harry Macklowe just got $192M closer to building his Midtown skyscraper

Lloyd and Barbara Macklowe and 900 Fifth Avenue (Credit: Getty Images and Google Maps)

Harry Macklowe’s brother Lloyd has sold his Fifth Avenue co-op for $5M

From left: a rendering of Tower Fifth, Harry Macklowe  and 9 East 51st Street (Credit: Google Maps, Getty Images, and New York Times)

Macklowe is eyeing Venezuelan consulate building for his Tower Fifth supertall

Vornado CEO Steve Roth and Macklowe Properties founder Harry Macklowe (Credit: Getty Images and iStock)

The CEO waiting game

WATCH: Inside Macklowe’s gut renovation of historic One Wall Street

WATCH: Inside Macklowe’s gut renovation of historic One Wall Street