462 Park Avenue South | The Real Deal New York

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462 Park Avenue South

462 Park Avenue South
New York, NY 10016
Office, Leasing/Rental
  • Address 462 Park Avenue South
  • neighborhood Garment District
  • borough Manhattan
  • owner SL Green Realty
  • owner entity T-C 470 PARK AVENUE S
  • floors 17
  • Year Built 1925
  • commercial units 57
  • total units 57
  • square feet 227,053
  • block and lot 1-00861-0044
  • BIN 1080787
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 10,427
notes
The musician management agency, whose clients include Yo-Yo Ma, signed a lease.
  • Event Retail Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 6,822
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 TH Real Estate, Norges Bank Investment Management
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Tom Citron, Matthew Krell, Jared Lack
  • Party 2 Capital One
  • Party 2 Brokerage RKF
  • Party 2 Broker Barry Fishbach
notes
The bank signed a lease.
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 9,686
  • Publication Date 02/01/2016
  • Event Date 12/23/2015
  • Party 1 n/a
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Allen Gurevich
  • Party 2 CAA Sports
  • Party 2 Brokerage CBRE
  • Party 2 Broker Rocco Laginestra
notes
The sports agency signed a lease.
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 10,181
notes
The law firm signed a nine-year lease on the third floor.
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 9,361
  • Publication Date 09/01/2012
  • Event Date 07/23/2012
  • Party 1 TIAA-CREF
  • Party 1 Brokerage JRT Realty
  • Party 1 Broker Greg Smith, John Thompson, Kate Pezzolla
  • Party 2 Civic Entertainment
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Allen Gurevich
notes
The strategic marketing agency signed a seven-year lease on the 16th floor.
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 20,362
  • Publication Date 05/01/2011
  • Event Date 03/22/2011
  • Party 1 TIAA-CREF
  • Party 1 Brokerage JRT Realty
  • Party 1 Broker Greg Smith
  • Party 2 Peppercom
  • Party 2 Brokerage JLL
  • Party 2 Broker James Quinn, Gary Youm, Ryan Masiello
notes
The strategic communications agency signed a 15-year lease renewal for the entire fourth and fifth floors.
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 9,555
notes
The investment advisory firm inked an expansion lease for the entire eighth floor, increasing its occupancy in the building to 27,555 square feet. The company already occupies the third and fourth floors.
  • Event Sales
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 260,000
  • Price $ 157,000,000
  • Price per foot $ 603.85
  • Publication Date 12/01/2007
  • Event Date 10/22/2007
  • Party 1 SL Green Realty
  • Party 1 Brokerage CBRE
notes
The property sold for $157 million, or $604 per square foot. The building, which is currently 96 percent leased, became a part of SL Green's portfolio in 1997 in connection with the company's initial public offering. The sale will generate a net profit of approximately $118.4 million. The proceeds are expected to be used as part of a 1031 exchange corresponding with the recent acquisition of the balance of interests in One Madison Avenue.
  • Event Office Leasing
  • Address 470 Park Avenue S
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,621
  • Publication Date 09/01/2007
  • Event Date 07/23/2007
  • Party 1 SL Green Realty
  • Party 1 Brokerage CBRE
  • Party 1 Broker Harley Stevens
  • Party 2 X Plus One Solutions
notes
The marketing consultants inked a five-year lease.
  • Event Office Leasing
  • Address 470 Park Avenue S
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 29,291
notes
The employee benefits counselor inked a six-year lease renewal for the entire fifth and sixth floors of the 260,000-square-foot property.
  • Event Retail Leasing
  • Address 470 Park Avenue S
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,478
notes
The restaurant firm, which operates more that 570 stores across the nation, inked a 15-year lease for a new location.
  • Event Office Leasing
  • Address 470 Park Avenue South
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 10,000
notes
Law firm moves from 444 Park Ave. South in sublease