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40 West 57th Street

40 West 57th Street
New York, NY 10019
Office

40 West 57th Street is a 712,000-square-foot, 428-foot tall office skyscraper in Midtown, Manhattan. The building was built in 1972 and was designed by architect Jack Brown. It was developed by Samuel J. LeFrak and is owned by the LeFrak Organization, who also has its main offices there.

The building has a number of large leases. Clothing retailer Nautica has a 120,000-square-foot office that covers four floors. Elliott Management leases 100,042-square-feet in the building. In the mid-2000s rents at 40 West 57th Street doubled in just five years.

  • Address 40 West 57th Street
  • neighborhood Midtown
  • borough Manhattan
  • owner LeFrak Organization
  • owner entity LEFRAK SBN LIMITED PA
  • architect Jack Brown
  • height in feet 428
  • floors 36
  • Year Built 1972
  • square feet 712,000
  • block and lot 1-01272-0063
  • BIN 1035057

Will Silverman in talks to join Eastdil: sources
02/05/19
...From left: Will Silverman, Eastdil Secured's office at 40 West 57th Street, and Roy March (Credit: Hodges Ward Elliott and Google Maps) UPDATED, Feb. 5, 5:38 p.m...

How loyal is LeFrak?
12/25/18
...of the most valuable sites, a plot at 40 West 57th Street right on Billionaires’ Row. There he and Vornado Realty Trust CEO Steve Roth razed...

Feil looks to sell Billionaires’ Row building
05/08/18
The Feil Organization is looking to sell the site of its bungled Billionaires’ Row residential conversion project on West 57th Street. Feil is marketing the...

Feil Org. sues architect over bungled Billionaires’ Row conversion
04/30/18
The Feil Organization is suing its architects over a botched plan to convert a Billionaires’ Row office building into condominiums. The landlord claims architects at...

How loyal is Richard LeFrak?
09/08/17
...of the most valuable sites, a plot at 40 West 57th Street right on Billionaires’ Row. There he and Vornado Realty Trust CEO Steve Roth razed...

How loyal is LeFrak?
...of the most valuable sites, a plot at 40 West 57th Street right on Billionaires’ Row. There he and Vornado Realty Trust CEO Steve Roth razed...

With Eastdil Secured in flux, Roy March has become a key player on deals
...running the firm’s New York office at 40 West 57th Street since December 2016. As of the end of the last year, Eastdil was leagues ahead...

Feil siblings settle dispute over $7B portfolio
05/16/17
UPDATED, May 18, 9:41 a.m.: The Feil siblings settled a years-long legal battle for control of the family’s multibillion-dollar real estate fortune under a power-sharing...

Feil planning condo conversion for Billionaires’ Row office building: report
09/27/16
It’s curtains for an interior designer and other tenants at the Feil Organization’s office building at 140 West 57th Street, which insiders speculate is heading...

DHA Capital partners split as Josh Schuster goes solo
07/13/16
...his pipeline. The company is based out of 40 West 57th Street. “In the next real estate market cycle, as banks become more hesitant to lend...

Manhattan’s hotel oversupply threatens $731M in CMBS loans: Morningstar
06/01/16
Manhattan hotel developers have overbuilt, and incomes at new and existing hotels are unlikely to hit industry projections, according to a new report from research...

Woodridge Capital buys Holiday Inn on 57th St. for $150M
05/31/16
Woodridge Capital Partners paid $150 million for the Holiday Inn Midtown 57th Street, according to property records filed with the city Tuesday. Tags: holiday inn...

The Closing: Richard LeFrak
04/13/16
...LeFrak Organization controls seven Midtown office towers, Including 40 West 57th Street and LeFrak City, a massive 20-building apartment complex in Queens...

The Closing: Richard LeFrak
...LeFrak Organization controls seven Midtown office towers, including 40 West 57th Street and LeFrak City, a massive 20-building apartment complex in Queens. Since 1986, the family has...

AlixPartners takes 65K sf at Vornado’s 909 Third Avenue
06/02/15
...Observer. The firm moved from LeFrak Organization’s 40 West 57th Street, between Fifth and Sixth avenues. “While the relocation was for the same amount of...

Christina Hendricks picks up condo at Parc Vendome
05/07/15
Working for Sterling Cooper & Partners can sure pay off. Tags: Midtown...

Luxe Life from the March/April 2015 issue of Luxury Listings NYC
03/20/15
...and a crocodile-skin strap. Available at Kenjo at 40 West 57th Street. $13,900; www.mauricelacroix.com. Ride like an Arrow    Hop on board the single-speed bicycle revolution...

Top residential agents of the week
12/26/14
From left: Leighton Candler, Caroline Holl and 157 East 70th Street in Lenox Hill Leighton Candler and Caroline Holl of the Corcoran Group topped the...

Witkoff moving HQ to LeFrak building in Plaza District
11/20/14
...From left: Steve Witkoff, 40 West 57th Street and Richard LeFrak Steve Witkoff is shifting shop to the LeFrak Organization’s 40 West...

REBNY’s political arm raises $1.9M
10/14/14
...to Capital New York. Most donations came from 40 West 57th Street, global headquarters for the LeFrak Organization, where 42 companies -- all located on the 23rd...

Plaza District rents tick up due to lack of upper-floor inventory
04/04/14
Plaza District office rents are rising quickly, due to a lack of available space on the upper floors of trophy office towers, according to a...

LeFrak, Vornado give historic bookstore the boot for new tower
01/15/14
...From left: 40 West 57th Street, inside Rizzoli Bookstore The LeFrak real estate family and Vornado Realty Trust are planning...

LeFrak signs Nautica owner to 100K sf renewal in Midtown
12/04/13
...Richard Lefrak And 40 West 57th Street The LeFrak Organization has signed clothing manufacturer VF Corporation to a 100,000-square-foot renewal deal...

Behind hedge funds’ high-flying leases
...manager Northern Trust to a 25,000-square-foot lease at 40 West 57th Street, according to published reports. Northern Trust, which had $97 billion in assets as of June...

Northern Trust takes floor at LeFrak’s 40 West 57th Street
07/26/13
...40 West 57th Street and Richard LeFrak Investment management firm Northern Trust signed a 25,000-square-foot lease at the...
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  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,250
notes
The financial services provider signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 75,000
  • Price per foot $ 85.00
  • Publication Date 06/01/2010
  • Event Date 04/22/2010
  • Party 1 LeFrak Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Howard Fiddle, Zach Freeman
  • Party 2 Elliott Associates
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Chris Mongeluzo
notes
The hedge fund inked a 15-year lease for the entire fifth floor and partial 30th and 31st floors.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 63,000
  • Price per foot $ 80.00
  • Publication Date 10/01/2009
  • Event Date 08/22/2009
  • Party 1 LeFrak Organization
  • Party 2 AlixPartners
notes
The advisory firm signed a direct lease with the landlord for about 13,000 square feet and subleased 50,000 square feet from a hedge fund.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 63,000
  • Price per foot $ 80.00
  • Publication Date 10/01/2009
  • Event Date 08/22/2009
  • Party 1 LeFrak Organization
  • Party 2 AlixPartners
notes
The advisory firm signed a direct lease with the landlord for about 13,000 square feet and subleased 50,000 square feet from a hedge fund.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 109,000
  • Publication Date 07/01/2008
  • Event Date 05/22/2008
  • Party 1 LeFrak Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Howard Fiddle, Sloane Rhulen, Zach Freeman
  • Party 2 Highbridge Capital Management
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Franklin Speyer, Louis D'Avanzo
notes
The hedge fund inked a 10-year lease for the top five floors of the 34-story tower. $130 per square foot for floors 30 through 32 and $140 per square foot for floors 33 and 34.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 50,000
  • Price per foot $ 120.00
notes
The investment firm signed a 10-year lease for the 27th and 28th floors of the building. Taconic Capital will relocate in 2009 from 450 Park Avenue to its new headquarters.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 168,000
notes
The apparel firm signed a renewal for a long-term lease that includes an option for 48,000 square feet of expansion space; if exercised the tenant would occupy 215,000 square feet in the 700,000 square foot building.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 168,000
notes
The apparel firm signed a renewal for a long-term lease that includes an option for 48,000 square feet of expansion space; if exercised the tenant would occupy 215,000 square feet in the 700,000 square foot building.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 13,000
notes
Nobu expanding to a second location in Manhattan
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Lefrak Organization
  • Party 1 Brokerage CBRE
  • Party 2 Carrett
notes
Asset management firm; James Coleman served as strategic advisor for both sides
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Lefrak Organization
  • Party 1 Brokerage CBRE
  • Party 2 Sandell Asset Management
notes
Hedge fund; James Coleman served as strategic advisor for both sides
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 13,000
notes
Nobu expanding to a second location in Manhattan
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
notes
Perfumer signs 12-year lease
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
notes
Financial firm relocating from 1675 Broadway
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 5,000
notes
New store concept from the owner of Zitomer Pharmacy & Dept. Store
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 14,000
  • Publication Date 01/01/2004
  • Event Date 11/22/2003
  • Party 2 Sandell Asset Management
  • Party 2 Brokerage Hanley Advisors
notes
Hedge fund moves from 1251 Sixth Ave.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 5,000
notes
New store concept from the owner of Zitomer Pharmacy & Dept. Store
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 14,000
  • Publication Date 01/01/2004
  • Event Date 11/22/2003
  • Party 2 Sandell Asset Management
  • Party 2 Brokerage Hanley Advisors
notes
Hedge fund moves from 1251 Sixth Ave.

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