RFR inks ex-Barclays boss’ firm at Seagram Building

Atlas Merchant Capital relocating to 375 Park Avenue

TRD New York /
Aug.August 13, 2014 01:40 PM

RFR Realty signed investment firm Atlas Merchant Capital to roughly 17,500 square feet at the Seagram Building.

Atlas Merchant Capital, co-founded by former Barclays CEO Bob Diamond, plans to move to 375 Park Avenue from 135 57th Street. In a five-year lease, the firm will grab the entire 21st floor of the 38-story office building between 52nd and 53rd streets.

Steve Morrows, director of leasing and executive vice president at RFR, represented the landlord in-house. The tenant’s broker was undisclosed. Asking rents range from $160 to $170 per square foot.

Aby Rosen and Michael Fuchs’ RFR took full ownership of the Seagram Building last year, as previously reported. In 2000, RFR and its partners paid $375 million to acquire the Ludwig Mies van der Rohe-designed building at auction. In 2011, RFR reached an agreement with 39 percent stakeholder Peter Brant to purchase his share, financing the deal through a $160 million loan from the Blackstone Group and others. [Crain’s] and [NYO]Mark Maurer


Related Articles

arrow_forward_ios
From left: Barbara Slifka, 477 Madison Avenue and RFR Holding's Aby Rosen (Credit: Google Maps and Getty Images)

Aby Rosen picks up Madison Avenue office property once center of family feud

Aby Rosen of RFR Holding and 175-225 Third Street in Gowanus (Credit: Google Maps and Getty Images)

With rezoning looming, RFR asks over $200M for Gowanus assemblage

The Four Seasons at 42 East 49th Street and Four Seasons managing partner Alex von Bidder (Credit: Four Seasons Restaurant)

Curtain closes on the Four Seasons at
280 Park

Deerfield's James E. Flynn and 345 Park Avenue South (Credit: RFR Realty)

Deerfield to pay $345M for Aby Rosen’s
345 Park Avenue South

Abu Dhabi’s Chrysler crash

From left: 100 East 53rd Street, Alain Verzeroli, and Aby Rosen (Credit: Michelin Guide and Getty Images)

This restaurant will anchor Aby Rosen’s 100 East 53rd Street condo tower

Ana Sorokin (Credit: Getty Images)

Con artist who sought nightclub deal with Aby Rosen gets 4 to 12 years in prison

Aby Rosen and 345 Park Avenue South (Credit: Getty Images)

Aby Rosen selling 345 PAS to medical fund manager Deerfield

arrow_forward_ios