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    387 Park Avenue South

    387 Park Avenue South
    New York, NY 10016
    Office, Leasing/Rental
    • Address 387 Park Avenue South
    • neighborhood Flatiron
    • borough Manhattan
    • owner entity 387 PARK SOUTH L.L.C.
    • floors 12
    • Year Built 1910
    • commercial units 16
    • total units 16
    • square feet 183,913
    • block and lot 1-00883-0001
    • BIN 1018162
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 20,000
    • Publication Date 04/01/2017
    • Event Date 02/15/2017
    • Party 1 TF Cornerstone
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker Matt Leon
    • Party 2 Criteo
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Peter Trivelas, Dirk Hrobsky
    notes
    The digital advertising firm is expanding its footprint.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Kips Bay
    • Borough Manhattan
    • Square feet 20,000
    notes
    The bank signed a lease.
    • Event Financing
    • Address 387 Park Avenue South
    • Neighborhood Kips Bay
    • Borough Manhattan
    • Square feet 222,000
    • Price $ 100,000,000
    • Publication Date 05/01/2016
    • Event Date 03/17/2016
    • Party 1 TF Cornerstone
    • Party 1 Brokerage Singer & Bassuk Organization
    • Party 2 Axa Equitable Life Insurance
    notes
    The company secured a $100 million 10-year loan.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 19,269
    notes
    The Paris-based online advertising firm signed an expansion lease in the building, bringing its presence to 60,000 sf.
    • Event Retail Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 10,700
    notes
    The restaurant signed a lease.
    • Event Retail Leasing
    • Address 387 Park Avenue South
    • Neighborhood NoMad
    • Borough Manhattan
    • Square feet 11,000
    notes
    The restaurant signed a lease.
    • Event Retail Leasing
    • Address 387 Park Avenue South
    • Neighborhood NoMad
    • Borough Manhattan
    • Square feet 4,061
    notes
    The retailer signed a lease.
    • Event Retail Leasing
    • Address 387 Park Avenue South
    • Neighborhood NoMad
    • Borough Manhattan
    • Square feet 4,601
    • Price per foot $ 250.00
    notes
    The gym signed a lease.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 19,000
    • Publication Date 04/01/2015
    • Event Date 02/20/2015
    • Party 1 TF Cornerstone
    • Party 1 Brokerage Newmark Grubb Knight Frank, TF Cornerstone
    • Party 1 Broker Matt Leon, Chip Sealy
    • Party 2 Citi Habitats
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 1,660
    notes
    The publisher inked an expansion lease.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 1,660
    notes
    The publisher inked an expansion lease.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 26,369
    • Publication Date 03/01/2007
    • Event Date 01/20/2007
    • Party 1 Newmark Grubb Knight Frank
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker Chip Sealy, William Cohen, Matthew Leon
    • Party 2 Empire Office
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Stuart Romanoff, Jared Horowitz
    notes
    The national office furniture dealership inked a 10-year lease for the entire seventh floor and part of the second floor in the 14-story, 200,000-square-foot property. The firm is relocating from 125 Maiden Lane.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 26,369
    • Publication Date 03/01/2007
    • Event Date 01/20/2007
    • Party 1 Newmark Grubb Knight Frank
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker Chip Sealy, William Cohen, Matthew Leon
    • Party 2 Empire Office
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Stuart Romanoff, Jared Horowitz
    notes
    The national office furniture dealership inked a 10-year lease for the entire seventh floor and part of the second floor in the 14-story, 200,000-square-foot property. The firm is relocating from 125 Maiden Lane.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 18,000
    • Price per foot $ 38.00
    • Publication Date 08/01/2006
    • Event Date 06/22/2006
    • Party 1 Rockrose Development
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker William Cohen, Matthew Leon
    • Party 2 State University of New York at Stony Brook
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker John Peters
    notes
    SUNY Stony Brook will use the space for executive offices and conferences, especially in conjunction with its endowment program. The deal included a contribution toward the tenant's build-out.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 18,000
    • Price per foot $ 38.00
    • Publication Date 08/01/2006
    • Event Date 06/22/2006
    • Party 1 Rockrose Development
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker William Cohen, Matthew Leon
    • Party 2 State University of New York at Stony Brook
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker John Peters
    notes
    SUNY Stony Brook will use the space for executive offices and conferences, especially in conjunction with its endowment program. The deal included a contribution toward the tenant's build-out.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 52,054
    notes
    The wholly-owned subsidiary of Barnes & Noble Inc. inked a 10-year deal. They already occupied space on the fifth and 10th floors and added the 11th floor.
    • Event Office Leasing
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 52,054
    notes
    The wholly-owned subsidiary of Barnes & Noble Inc. inked a 10-year deal. They already occupied space on the fifth and 10th floors and added the 11th floor.
    • Event Sales
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 228,237
    • Price $ 70,100,000
    • Price per foot $ 307.14
    notes
    Sold for $70.1 million.
    • Event Sales
    • Address 387 Park Avenue South
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 228,327
    • Price $ 70,000,000
    • Price per foot $ 306.58
    • Publication Date 10/01/2005
    • Event Date 08/22/2005
    • Party 1 Swedish Match North America
    • Party 1 Brokerage Grubb & Ellis
    • Party 1 Broker Vincent Carrega, Neil Helman, Stuart Penan
    • Party 2 Rockrose
    • Party 2 Brokerage Grubb & Ellis
    • Party 2 Broker Vincent Carrega, Neil Helman, Stuart Penan
    notes
    Sold for more than $70 million; plans for continued office use
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