1290 Avenue of the Americas | The Real Deal New York

The Real Deal New York

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1290 Avenue of the Americas

1290 Sixth Avenue
New York, NY 10119
(212) 894-7413
Website
Office, Leasing/Rental

The 2.1-million-square-foot building at 1290 Sixth Avenue was built in 1963 and renovated in 2012-2013. The property stretches from 51st Street to 52nd Street on the eastern side of the avenue and includes 43 office floors and two concourse levels. Vornado Realty Trust, which has a 70 percent interest in the property, signed a 10-year, $950 million refinance at 3.3 percent in November 2012.

Asking rents in the building are in the $70s per square foot. In May 2013, Morgan Stanley signed an 11-year sublease of 148,421 square feet from AXA Equitable; investment firm Neuberger Berman is set to take up about 400,000 square feet at the end of 2016. Other tenants include Hachette Book Group, which signed a deal in December 2013 to replace Microsoft in 137,000 square feet, and State Street Bank, with 106,000 square feet.

  • Year Built 1963
  • square feet 1,897,491
  • block and lot 1-01267-0001
  • BIN 1034510

11/30/18
...in a generation fall short A rendering of 1290 Avenue of the Americas Developers Peter Ruffin and John Galbreath revealed plans for a 60-story office skyscraper at...

...in a generation fall short A rendering of 1290 Avenue of the Americas Developers Peter Ruffin and John Galbreath revealed plans for a 60-story office skyscraper at...

06/21/17
...net income of $14.1 million. Vornado Realty Trust’s 1290 Avenue of the Americas, where Trump owns a 30 percent stake, generated a net income of $77.7 million last year...

04/03/17
...a lease in 2013 at Vornado Realty Trust’s 1290 Avenue of the Americas. (To see a ranking of the top office leasing tenants, click here...

06/14/16
...time, including remaining at our premium location at 1290 Avenue of the Americas,” the spokesperson wrote in an email. Asking rents near the base of the 859,000-square-foot...

04/20/16
...Realty Trust who is partners with Trump on 1290 Avenue of the Americas and an office complex in San Francisco. “Steve’s building a big building on...

...already working of out Cushman’s headquarters at 1290 Avenue of the Americas. But for now, as the companies hammer out an integration plan, most of Massey...

...and visitors, and the firm’s office at 1290 Avenue of the Americas has two large terraces for events. At Cushman, it’s notable that while senior...

10/09/13
...about 130,000 square feet at Vornado Realty Trust’s 1290 Avenue of the Americas, and was mulling a move to about 225,000 square feet at Vornado’s 7 West 34th...

09/23/13
...Journal. Now, with projects such as Vornado’s 1290 Avenue of the Americas, lobby design is coming back into the limelight, according to Dan Shannon, a principal...

07/15/13
...1290 Avenue of the Americas The amount of sublease space in the Manhattan office market fell in the second...

06/06/13
...Stanley's 148,421-square-foot deal at Vornado Realty Trust’s 1290 Avenue of the Americas leading the pack, as The Real Deal reported...

05/23/13
...From left: Mitti Liebersohn, 1290 Avenue of the Americas and Matthew Astrachan UPDATED, 5:37 p.m., May 23: In what is the largest sublease of...

05/07/13
...the space belonging to three large tenants at 1290 Avenue of the Americas. “No surprises here,” Greenbaum said, adding that the REIT had prepared for the firms...

...a leasing agent in Westchester. When Apollo sold 1290 Avenue of the Americas in 2006 to a group of Hong Kong investors for $1.25 billion, I was an agent...

02/28/13
...on recent deals in comparable buildings, such as 1290 Avenue of the Americas and 1285 Avenue of the Americas, went from the mid $60s to the high $70s...

08/02/12
...of renewing its deal at the Vornado-owned, 2.1-million-square-foot 1290 Avenue of the Americas or relocating to 11 Times Square, the New York Observer reported. The reason for being...

10/07/09
...signed a 15-year lease on 75,000 square feet at 1290 Avenue of the Americas at 51st Street, owned by Vornado Realty Trust, and is looking to expand beyond...

07/24/09
...Cushman will be consolidating its Midtown offices at 1290 Avenue of the Americas. Sources told the Observer that UBS paid more than $32 million to end its lease...

06/30/09
...Sovereign Bank recently opened in Vornado Realty Trust's 1290 Avenue of the Americas, in the former Sam Goody store. JPMorgan Chase is opening a major branch on...

05/29/09
...invested more than $11 billion in properties such as 1290 Avenue of the Americas, which the company purchased in foreclosure in 1993 together with partner Georgia-based Jamestown and sold...

05/23/08
...world headquarters out of the CBS building to 1290 Avenue of the Americas in Midtown.The firm signed a 15-year lease for 156,282 square feet on the entire...

...Speyer-Apollo group gained control of 237 Park Avenue and 1290 Avenue of the Americas, while the other group, led by the Bronfman family of Canada, received buildings totaling...

03/16/07
...Trust has purchased a 70 percent majority stake in 1290 Avenue of the Americas. Vornado paid $775 per square foot for the share in the 43-story office building, which...

11/06/06
...will move its publishing operations from headquarters at 1290 Avenue of the Americas and a second building on 7th Avenue next fall. Sources would not say exactly...
  • Event Retail Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 2,191
  • Price per foot $ 225.00
notes
The restaurant signed a lease.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 47,000
notes
The investment firm signed an expansion lease and will occupy a total of 400,000 square feet.
  • Event Sales
  • Address 42-432 West 52nd Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Price $ 41,400,000
  • Publication Date 08/01/2014
  • Event Date 06/17/2014
  • Party 1 Chetrit Group
  • Party 2 Okada Acquisitions, Lee Family, Zhang Family
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 355,000
notes
The investment management firm signed a new 20-year lease for its headquarters. The tenant is relocating from 605 Third Avenue.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 105,951
notes
The bank signed a new lease for the entire sixth floor, the New York Post reported. The tenant is relocating from a smaller space at 2 World Financial Center. The company is also vacating the 10th-floor space it had been subleasing at 1290 Sixth Avenue.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 26,122
  • Price per foot $ 64.00
notes
The law firm signed an eight-year sublease.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 16,397
notes
The travel company signed a 15-year lease for part of the ninth floor.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 74,000
  • Price per foot $ 55.00
notes
The investment bank signed a 15-year lease for a portion of the fourth and fifth floors. The company will consolidate its three Manhattan offices at 12 East 49th Street, 660 Madison Avenue and One Penn Plaza. in the mid-
  • Event Retail Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 6,000
notes
The drugstore inked a lease.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 126,000
notes
The law firm signed a 15-year lease for four floors and a portion of a fifth floor. The company plans to relocate from 30 Rockefeller Plaza in the third quarter of 2009.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 156,282
notes
The commercial real estate firm signed a 15-year lease for the entire seventh floor and parts of the eighth and ninth floors. The company is relocating from 51 West 52nd Street, where it occupies around 155,000 square feet on nine floors.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 450,000
  • Price per foot $ 85.00
  • Publication Date 03/01/2008
  • Event Date 01/21/2008
  • Party 1 Vornado Realty Trust
  • Party 1 Brokerage In-house
  • Party 2 AXA
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Scott Panzer
notes
The insurance company inked a 13-year lease renewal. The firm plans to relocate up to 850 employees to 525 Washington Street in Jersey City next year.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 25,889
  • Price per foot $ 60.00
notes
The tenant signed a sublease for the entire 22nd floor to consolidate several spaces it had at 30 Broad Street. reportedly nearly twice what the tenant was paying at 30 Broad.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 33,000
  • Price per foot $ 49.00
  • Publication Date 06/01/2006
  • Event Date 04/22/2006
  • Party 1 Apollo Real Estate Investors, Jamestown
  • Party 1 Brokerage Apollo Real Estate Investors
  • Party 2 Protiviti
  • Party 2 Brokerage CBRE
  • Party 2 Broker Caroline Sica
notes
The subsidiary of Robert Half International Inc. signed a lease on the fifth floor. The tenant relocated from a 20,000 square foot space at 1285 Sixth Avenue.
  • Event Sales
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 2,000,000
  • Price $ 1,250,000,000
  • Price per foot $ 625.00
  • Publication Date 02/01/2006
  • Event Date 12/23/2005
  • Party 1 Apollo Real Estate Advisors, Jamestown
  • Party 2 Hudson Waterfront Associates
  • Party 2 Brokerage CBRE
  • Party 2 Broker Stuart Siegel, David Maurer-Hollaender, Doug Lehman
notes
Donald Trump's estranged Chinese partners have agreed to buy the building for $1.25 billion. It is 98 percent leased and carries approximately $440 million in mortgage that would be assumed by the buyers.
  • Event Office Leasing
  • Address 1290 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 50,000
  • Publication Date 12/01/2004
  • Event Date 10/22/2004
  • Party 1 Bank of New York Mellon
  • Party 1 Brokerage CBRE
  • Party 2 International Fund Services
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Neil Goldmacher
notes
Hedge fund support services company subleases