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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
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 30,431
  • Publication Date 08/20/2018
  • Event Date 08/15/2018
  • Party 1 LeFrak Organization
  • Party 2 PointState Capital
notes
The financial firm signed a deal to renew its lease for the Plaza District building.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 25,000
notes
The industrial investment firm inked a sublease for the 28th floor of the Plaza District building.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,535
notes
The financial services firm inked a lease for part of the 3rd floor.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 168,000
  • Publication Date 06/01/2006
  • Event Date 04/22/2006
  • Party 1 LeFrak Organization
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Charles Borrok
  • Party 2 VF Sportswear
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker S. Downs, Don Preate
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.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 168,000
  • Publication Date 06/01/2006
  • Event Date 04/22/2006
  • Party 1 LeFrak Organization
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Charles Borrok
  • Party 2 VF Sportswear
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker S. Downs, Don Preate
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.
  • 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
  • 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
  • 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
  • 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
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
notes
Perfumer signs 12-year lease
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
  • Publication Date 05/01/2004
  • Event Date 03/22/2004
  • Party 1 Lefrak Organization
  • Party 1 Brokerage CBRE
  • Party 2 Tocqueville Asset Management
  • Party 2 Brokerage Schlesinger & Company, Cushman & Wakefield
notes
Financial firm relocating from 1675 Broadway
  • 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.
  • 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
  • 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.
  • 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