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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
  • Event Office Leasing
  • Address 1 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 15,441
  • Publication Date 12/01/2005
  • Event Date 10/22/2005
  • Party 1 Salvatore Ferragamo
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Tamara Galinsky, Joel Isaacs
  • Party 2 Celtic Pharma Management
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Alexander Chudnoff, Jared Horowitz
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 4,000
  • 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 Ram Capital
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Tamara Galinsky
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 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
  • 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 Zegna
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 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

12/01/2014
The company focused on expanding its holdings along Fifth Avenue, where it was already a major landlord. To start, it paid $707 million in December 2012 for the retail at 666 Fifth Avenue, and later laid out another $1 billion for the St. Regis, 655 Fifth Avenue and 608 Fifth Avenue...