50 West 57th Street | The Real Deal New York

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50 West 57th Street

50 West 57th Street
New York, NY 10019
(212) 894-7984
Website
Office, Leasing/Rental

The 16-floor, 177-foot commercial building at 50 West 57th Street in Midtowns Plaza District was finished in 1927, right before the Great Depression. It was designed in the Neo-Classical style.

Its 78,000 square feet are made up of floor plates that run from 3,800 square feet to 5,400 square feet. Major office tenants include Signature Bank; eatery Mangia is retail tenant.

Vornado Realty Trust and the LeFrak Organization own the building jointly. Vornado is one of the largest real estate investment trusts in the nation, and controls some 9 million square feet in particular in the Penn Station area. LeFrak is a privately held family firm with more than 40 million square feet of holdings nationwideincluding total or partial control of nearby 57th street addresses such as Nos. 29-33, No. 49 and No. 50.

-TA

  • Year Built 1927
  • square feet 73,732
  • block and lot 1-01272-0066
  • BIN 1035058

03/06/18
UPDATED, March 6, 1:45 p.m.: February’s top 10 retail leases were slightly higher than January’s in terms of square footage. The 10 biggest deals signed...

02/26/18
UPDATED, 10:02 a.m. Feb. 27: Maxxinistas, rejoice: T.J. Maxx is upping its footprint at its Columbus Circle location. Tom Durels, Empire State Realty Trust’s executive vice...

11/06/17
There was a noticeable slowdown in office leasing activity in October. In September, the top 10 biggest office leasing deals totaled over 1.2 million square...

10/11/17
The American Society of Composers, Authors and Publishers is moving down Broadway to Empire State Realty Trust’s 250 West 57th Street. ASCAP, which is currently...

10/10/17
Two years after shedding its brokerage business, Fenwick Keats has sold its property management arm as well. Property management company AJ Clarke has acquired Fenwick...

02/27/17
Within his watercolor landscapes, Eugene Kohn can briefly slip away from his surroundings. He can also escape his clients. “As an architect you have a...

02/16/17
Mount Sinai Health System’s corporate executive offices inked a lease to take up residence at Empire State Realty Trust’s West 57th Street building. The hospital...

Speaking at a conference hosted by Euromoney Magazine in Qatar in 2014, Sheikh Abdullah bin Mohammed bin Saud Al Thani called for a moment of...

08/24/16
Qatar’s sovereign wealth fund has acquired a stake in New York City’s Empire State Building through a $622 million deal for a minority stake in...

CEO pay may be increasingly coming under the microscope these days, but real estate’s top NYC executives are still raking...

04/19/16
After getting a nice raise in 2014, Empire State Realty Trust chair and CEO Anthony Malkin took home a bit less last year — earning...

03/16/16
GuildNet, the health management services division of Lighthouse Guild, will soon take up residence at Empire State Realty Trust’s 250 West 57th Street. Tags: Empire...

01/28/16
SL Green Realty announced Wednesday that it had inked a 43,000 square foot deal that will bring Nordstrom to 3 Columbus Circle. And now we know it...

11/02/15
Architectural and design firm Gensler inked a lease for more than 119,000 square feet at Ruben Companies’ 1700 Broadway in Midtown. Tags: gensler, Ruben Companies,...

10/14/15
The sustainable design firm CookFox is moving its offices, and its beehives, a few dozen blocks uptown. CookFox signed a 16-year lease to take just over...

11/21/13
The New York Attorney General’s office will review the estate of Leona M. Helmsley’s sale of its stake in a portfolio of properties, including the...

Seymour Durst and his brothers built six Manhattan buildings in a 12-year run. Paul and Seymour Milstein built 10 in about the same amount of...

04/03/13
Updated, 11:17 a.m., April 3: Malkin Holdings is within striking distance of its proposed $1 billion initial public offering for the iconic Empire State Building,...

03/28/13
A partnership led by Michael Stern’s JDS Development and Property Markets Group is considering increasing the height of Its Planned Hotel And Condominium Tower On...

10/10/12
Attorneys’ fees to defend the Parc Vendome against a lawsuit connected to a five-year-old water leak have topped $1 million and the board at the...

03/16/12
A small office tenant in a Midtown building is expressing the confusion and anger that many of his peers feel with the concept known in...

11/29/11
From left: Anthony Malkin and the Empire State BuildingMalkin Holdings, operator of the Empire State Building, said it “embarked on a course of action” to...

05/25/11
...West 25th Street, 139 Centre Street and 50 West 57th Street The decision to rent or to buy isn't one that only affects home-seekers. It's...

04/13/11
Tony Malkin and the Empire State Building Father and son owners of the Empire State Building, Peter and Tony Malkin, are planning to create a publicly...

04/04/11
The former owner of the Russian Tea Room is planning a new 125-seat restaurant in the Theater District that would evoke memories of the 150...
  • Event Sales
  • Address 50 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 80,000
  • Price $ 52,000,000
  • Price per foot $ 650.00
notes
The building, which houses offices for the New York Jets and Prada, sold for $52 million.