655 Fifth Avenue | The Real Deal New York

The Real Deal New York

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655 Fifth Avenue

655 Fifth Avenue
New York, NY 10022
(212) 894-7988
Website
Office, Residential, Leasing/Rental

The nine-story 1924 building between 52nd and 53rd streets offers 47,764 square feet of office and retail space. Retail tenants include high-end designer Salvatore Ferragamo, which has a lease through 2028 on a space with 50 feet of frontage on Fifth Avenue for its flagship store. Ferragamo also occupies the neighboring building, which it owns.

Vornado Realty Trust acquired a majority stake in the building in 2013, taking about 92.5 percent of the property for $278 million, with the other 7.5 percent staying in the hands of Madison Capital.

-NE

  • Year Built 1912
  • square feet 47,764
  • block and lot 1-01288-0001
  • BIN 1035706

03/30/17
...year, and aggressively bought up several properties including 655 Fifth Avenue and the Helen Keller headquarters in Downtown Brooklyn...

10/07/15
...Avenue retail corridor, With Properties Including 689 Fifth Avenue, 655 Fifth Avenue, 608 Fifth AvenueAnd 510 Fifth Avenue. The Steven Roth-led firm partnered with Crown Acquisitions last year...

02/18/15
Vornado Realty Trust saw a net profit in the fourth quarter of 2014 as well as an unexpected increase in funds from operations. Tags: Fifth...

...laid out another $1 billion for the St. Regis, 655 Fifth Avenue and 608 Fifth Avenue. Roth sought to buy those properties, despite awareness that there is...

...In October, it paid $300.3 million for the 57,500-square-foot 655 Fifth Avenue, which has about 20,000 square feet of retail space. It also bought a $171.2 million development...

12/19/13
...joint venture that sold the Ferragamo Building at 655 Fifth Avenue to Vornado for $302 million. Its largest purchase was 866 United Nations Plaza from Vornado. An...

11/08/13
...which it’s buying a 92.5 percent stake in 655 Fifth Avenue, a 57,500-square-foot retail and office property for $277.5 million, according to the release. Vornado CEO...

11/05/13
...in a 57,500-square-foot retail and office property at 655 Fifth Avenue. On the Manhattan leasing front, the REIT signed 37 deals totaling 396,000 square feet of space...

10/08/13
...building to have 78 units 3. Vornado closes on $278 million 655 Fifth Avenue buy 3. Fifth & Pacific to sell Juicy Couture for $195M 4. Bed-Stuy community board website...

08/20/13
...They also recently sold a 92 percent stake in 655 Fifth Avenue to Vornado Realty Trust for $278 million.  – Hiten Samtani...

08/13/13
...655 Fifth Avenue and Steven Roth Vornado Realty Trust is set to acquire a majority interest in...

...left, and Jeffrey Kaplan of Meadow Partners at 655 Fifth Avenue, which they acquired with partners in 2010. As New York City sales began recovering from...

05/06/13
...condominium conversion in the future. The deal for 655 Fifth Avenue and neighboring 251 19th Street — a 17,716-square-foot building with 1,700 square feet of retail space and...

03/15/12
...Salvatore Ferragamo, on a short-term lease while Ferragamo's 655 Fifth Avenue location is reconfigured. But the next fashion store expected to move in, some retail...

08/16/11
...Spa is moving to the Ferragamo building at 655 Fifth Avenue Elizabeth Arden's famed Red Door Spa, located for 81 years at 689-691 Fifth Avenue is...
  • Event Office Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 15,441
notes
Pharmaceutical industry-focused private equity firm takes entire seventh floor, relocates from temporary space at 110 East 59th Street.
  • Event Office Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 6,550
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Salvatore Ferragamo
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Joel Isaacs, Tamara Galinsky, Robert Tanzmann
  • Party 2 W Capital Management
  • Party 2 Brokerage JLL
  • Party 2 Broker Mike Gerla
notes
Investment firm takes space
  • Event Office Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 6,550
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Salvatore Ferragamo
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Joel Isaacs, Tamara Galinsky, Robert Tanzmann
  • Party 2 Coventry Real Estate Advisors
  • Party 2 Brokerage Tenantwise
  • Party 2 Broker M. Myers Mermel
notes
Investment firm takes space
  • Event Retail Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 10,000
notes
Retailer takes space
  • Event Retail Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 1,500
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Salvatore Ferragamo
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Joel Isaacs, Tamara Galinsky, Robert Tanzmann
  • Party 2 J.C. Partners
  • Party 2 Brokerage In-house
notes
Real estate firm takes space
  • Event Office Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 4,000
notes
Investment firm takes space
  • Event Retail Leasing
  • Building Name Ferragamo Building
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 20,000
  • Publication Date 12/01/2004
  • Event Date 10/22/2004
  • Party 1 Salvatore Ferragamo
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Joel Isaacs, Tamara Galinsky, Robert Tanzmann
  • Party 2 Cornelia Spa
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Dan Rappaport
notes
Cornelia Zicu will open spa on top floor and roof

...laid out another $1 billion for the St. Regis, 655 Fifth Avenue and 608 Fifth Avenue. Roth sought to buy those properties, despite awareness that there is...