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    529 Fifth Avenue

    529 Fifth Avenue
    New York, NY 10017
    (212) 732-9700
    Website
    Office, Leasing/Rental

    The 19-story, nearly 300,000-square-foot commercial building at 529 Fifth Avenue was constructed in the late 1950s using it exoskeleton of the property it replaced: an 11-story building constructed in 1906.

    Silverstein Properties, one of the citys largest private landlords, acquired it in 1978, along with four other Fifth Avenue properties, and has held on to the Class A space ever since.

    Its tenants include the accounting firm Citrin Cooperman, which occupies nearly one-third of 529 Fifths office portion. Best Buy dominates the buildings retail space. Rents average in the $50s a square foot.

    The building was designed by Henry Ives Cobb Jr., who became best-known not as an architect but as a painter and lithographer. -TA

    • Year Built 1958
    • square feet 271,266
    • block and lot 1-01278-0069
    • BIN 1035365
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 7,516
    notes
    The advisory firm inked a lease for the Grand Central location.
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Unit 3th FL
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 17,925
    • Price $ 0
    notes
    The financial-services technology solutions company, renewed its 7th floor office lease for an additional 7 year-term.
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 12,455
    notes
    The jewelry manufacturer signed a 15-year lease for the full 15th-floor space.
    • Event Financing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 282,696
    notes
    A $85 million loan was arranged for the property. 19-story office building.
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 24,962
    notes
    The global organization for the accounting industry signed a long-term lease for the entire sixth floor and part of the fifth floor.
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 6,443
    • Price per foot $ 65.00
    notes
    The securities lending market data firm signed a five-year lease renewal.
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 53,745
    notes
    The fine jewelry retailer signed a 15-year lease renewal for office space. The company will occupy the entire fourth, fifth and sixth floors.
    • Event Financing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 270,000
    notes
    An $80 million loan was made, secured by a fee interest in property. Approximately 70 percent of the property's leases expire after 2012. 19-story office and retail building.
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 9,440
    • Publication Date 12/01/2006
    • Event Date 10/22/2006
    • Party 1 Silverstein Properties
    • Party 1 Brokerage In-house
    • Party 2 Jewelex New York
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Josh Goldman, Mark Mandell
    • Event Office Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 17,491
    notes
    IT firm takes entire 7th floor, moves from 551 Madison Avenue.
    • Event Retail Leasing
    • Address 529 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 28,840
    notes
    Electronic superstore already has location in Chelsea/Flatiron area
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