51 Astor Place
New York, NY 10003
(212) 554-0500
51 Astor Place is a 12-story, 400,000-square-foot office tower in the New York City's East Village developed by Edward J. Minskoff and designed by architect Fumihiko Maki. The project completed construction in 2013 and according to estimates cost over $300 million. Its biggest tenant is IBM Watson, which occupies 120,000 square feet in the building.
Initially the project was criticized by many who felt the glass-box look of the building was inconsistent with surrounding neighborhood. Others criticized the prospect of starting such a major commercial project during a recession, as well as expressing doubts about the high initial rental prices.
Apart from IBM Watson, major tenants include 1stdibs, the Daily Mail and Claren Road, the last of which leases the 25,000-square-foot top floor. The asking rental price for the floor was $118 per square foot, and the transaction is believed to be the most expensive per-square-foot deal in the history of the Midtown South area.
- Address 51 Astor Place
- neighborhood East Village
- borough Manhattan
- owner Edward J. Minskoff Equities
- developer Edward J. Minskoff Equities
- owner entity JSM ASSOCIATES 1 LLC
- architect ADAMSON ASSOCIATES INTERNATIONAL
- PLANS DISCLOSED 07/01/2011
- dob permit issued 02/16/2012
- tco issued 08/19/2013
- DOB FILE PLANS 07/01/2011
- DOB FILE Link
- floors 14
- Year Built 2012
- square feet 270,183
- const. status Building Complete
- block and lot 1-00554-0035
- BIN 1089443
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- Event Office Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 25,401
- Publication Date 02/28/2018
- Event Date 02/21/2018
- Party 1 Edward J. Minskoff Equities
- Party 2 CBAM Partners
- Event Retail Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 1,034
- Publication Date 11/01/2015
- Event Date 09/22/2015
- Party 2 Bluestone Lane
- Party 2 Brokerage RKF
- Party 2 Broker Jonathan Krieger
- Event Retail Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 2,363
- Publication Date 11/01/2015
- Event Date 09/22/2015
- Party 2 Chop't Creative Salad Company
- Party 2 Brokerage Esquire Properties
- Party 2 Broker Craig Hantgan
- Event Retail Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 5,018
- Publication Date 11/01/2015
- Event Date 09/22/2015
- Party 1 Edward Minskoff
- Party 1 Brokerage SRS Real Estate Partners
- Party 1 Broker Patrick Smith, Corey Zolcinski, Matt Ogle
- Party 2 Flywheel Sports
- Party 2 Brokerage Thor Retail Advisors
- Party 2 Broker Matthew Seigel, Skye Taylor
- Event Retail leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 11,500
- Price per foot $ 350.00
- Publication Date 08/01/2015
- Event Date 06/22/2015
- Party 1 Minskoff Properties
- Party 1 Brokerage SRS Real Estate Partners
- Party 1 Broker Patrick Smith
- Party 2 CVS Pharmacy
- Party 2 Brokerage Newmark Grubb Knight Frank
- Event Office Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 25,401
- Publication Date 06/01/2015
- Event Date 04/22/2015
- Party 1 Edward J. Minskoff Equities
- Party 1 Brokerage JLL
- Party 1 Broker Paul Glickman
- Party 2 IBM
- Event Office Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 25,000
- Publication Date 02/01/2015
- Event Date 12/18/2014
- Party 1 Edward Minskoff
- Party 1 Brokerage JLL
- Party 1 Broker Paul Glickman
- Party 2 Tudor Investment Corporation
- Party 2 Brokerage JLL
- Party 2 Broker Cynthia Wasserberger
- Event Office Leasing
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Square feet 42,232
- Publication Date 12/01/2013
- Event Date 10/22/2013
- Party 1 Edward Minskoff
- Party 1 Brokerage JLL
- Party 1 Broker Paul Glickman, Mitchell Konsker, Cynthia Wasserberger
- Party 2 1stdibs
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Greg Wang, Eric Cagner, David Falk
- Event Sales
- Address 51 Astor Place
- Neighborhood East Village
- Borough Manhattan
- Price $ 96,970,000
- Publication Date 04/01/2008
- Event Date 02/21/2008
- Party 1 Cooper Union for Advancement of Science and Art
- Party 1 Brokerage Savills Studley
- Party 2 Edward J. Minskoff Equities