666 Fifth Avenue
New York, NY 10103
(212) 894-7413
Website
The 1.5 million-square-foot office and retail development at 666 Fifth Avenue has been the subject of a number of record-setting deals. Kushner Companies bought the property for $1.8 billion in 2007, at the time the most ever paid for a single office building in the U.S.
After the 2008 global financial crisis struck, in early 2010 Kushner's $1.215 billion loan was sent to special loan servicer LNR, in which Vornado Realty Trust would later take a stake. Kushner split the retail space into two condominiums, selling the smaller, 36,473-square-foot space to Inditex, parent company of fashion brand Zara, for $324 million or $8,300 per square foot on a blended basis, the highest price ever paid for commercial property larger than 10,000 square feet in New York City. Vornado bought a controlling 49.5 percent interest in the office condominium for $80 million in December 2011, and took the remaining 40,742-square-foot retail condo for $707 million in July 2012.
The 39-story 1957 building, designed by Carson & Lundin, stretches from 52nd Street to 53rd Street and includes landmarked lobby artwork: Isamu Noguchi's "Ceiling and Waterfall" installation.
- Address 666 Fifth Avenue
- neighborhood Plaza District
- borough Manhattan
- owner Kushner Companies, Vornado Realty Trust
- sales/marketing Vornado Realty Trust, Josh Glick, Jared Solomon
- Year Built 1958
- square feet 1,329,229
- block and lot 1-01268-7502
- BIN 1034520
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- Event Financing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Price $ 750,000,000
- Publication Date 01/06/2019
- Event Date 01/03/2019
- Party 1 Brookfield Asset Management
- Party 2 ING
- Event Sales
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 1,246,882
- Price $ 1,100,000,000
- Publication Date 08/06/2018
- Event Date 08/03/2018
- Party 1 Kushner Companies
- Party 2 Brookfield Asset Management
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Grand Central
- Borough Manhattan
- Square feet 11,330
- Publication Date 01/01/2016
- Event Date 11/17/2015
- Party 1 Vornado Realty Trust
- Party 1 Brokerage Vornado Realty Trust
- Party 1 Broker Joshua Glick, Jared Solomon
- Party 2 Atlantic Investment Management
- Party 2 Brokerage CBRE
- Party 2 Broker David Hollander, Sam Seiler
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Grand Central
- Borough Manhattan
- Square feet 13,422
- Publication Date 01/01/2016
- Event Date 11/17/2015
- Party 1 Vornado Realty Trust
- Party 1 Brokerage Vornado Realty Trust
- Party 1 Broker Joshua Glick, Jared Solomon
- Party 2 Amici Capital Management
- Party 2 Brokerage CBRE
- Party 2 Broker David Hollander, Sam Seiler
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 48,000
- Publication Date 08/01/2012
- Event Date 06/22/2012
- Party 1 Kushner Companies, Vornado Realty Trust
- Party 1 Brokerage Vornado Realty Trust
- Party 1 Broker Thomas Costanzo, Jared Solomon, Glen Weiss
- Party 2 Akerman Senterfitt
- Party 2 Brokerage Vortex Group
- Party 2 Broker Frederick Marek, Scott Grayson
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 24,140
- Publication Date 11/01/2011
- Event Date 09/22/2011
- Party 1 Kushner Companies
- Party 1 Brokerage CBRE
- Party 1 Broker Stephen Siegel, Howard Fiddle, Zach Freeman
- Party 2 Golub Capital
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Brian Waterman, Lance Korman, Daniel Madison
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 50,000
- Publication Date 08/01/2011
- Event Date 06/22/2011
- Party 1 Kushner Companies
- Party 1 Brokerage CBRE
- Party 1 Broker Stephen Siegel, Howard Fiddle, Zach Freeman
- Party 2 International Strategy and Investment Group
- Party 2 Brokerage NAI Global
- Party 2 Broker Mel Zimmerman, Trent Dickey
- Event Retail Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 2,000
- Publication Date 05/01/2011
- Event Date 03/22/2011
- Party 1 Carlyle Group, Kushner Companies, Crown Acquisitions
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Bradley Mendelson
- Party 2 Swatch
- Event Sales
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 38,750
- Price $ 324,000,000
- Price per foot $ 8,361.29
- Publication Date 04/01/2011
- Event Date 02/20/2011
- Party 1 Kushner Companies
- Party 2 Inditex Group
- Party 2 Brokerage Savills Studley
- Party 2 Broker Borja Sierra
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 48,164
- Publication Date 12/01/2010
- Event Date 10/22/2010
- Party 1 Kushner Companies
- Party 1 Brokerage CBRE
- Party 1 Broker Howard Fiddle, Zach Freeman, Stephen Siegel
- Party 2 Schiff Hardin
- Party 2 Brokerage CBRE
- Party 2 Broker Scott Gottlieb, Michael Wellen
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 81,000
- Publication Date 06/01/2010
- Event Date 04/22/2010
- Party 1 Kushner Companies
- Party 1 Brokerage Tishman Speyer
- Party 1 Broker Ted Koltis, Peter Brindley
- Party 2 Vinson & Elkins
- Party 2 Brokerage CBRE
- Party 2 Broker Lewis Miller
- Event Retail Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 89,000
- Publication Date 06/01/2010
- Event Date 04/22/2010
- Party 1 Carlyle Group, Crown Acquisitions, Kushner Companies
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker C. Bradley Mendelson
- Party 2 Uniqlo
- Event Retail Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 913
- Publication Date 01/01/2010
- Event Date 11/22/2009
- Party 1 Kushner Companies
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Joseph Isa
- Party 2 Subway
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Joseph Isa
- Event Retail Leasing
- Address 668 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 15,500
- Publication Date 12/01/2009
- Event Date 10/22/2009
- Party 1 Carlyle Group, Crown Acquisitions
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Brad Mendelson, Alan Schmerzler, David Green
- Party 2 Abercrombie & Fitch
- Party 2 Brokerage PBS Realty Advisors
- Party 2 Broker Laura Pomerantz
- Event Retail Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 5,400
- Publication Date 07/01/2009
- Event Date 05/22/2009
- Party 1 Crown Acquisitions, Carlyle Group, Kushner Companies
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker C. Bradley Mendelson, Alan Schmerzler, David Green
- Party 2 Abercrombie & Fitch
- Party 2 Brokerage PBS Realty Advisors
- Party 2 Broker Laura Pomerantz
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 30,000
- Publication Date 06/01/2009
- Event Date 04/22/2009
- Party 1 Kushner Companies
- Party 1 Brokerage Tishman Speyer
- Party 2 Citigroup
- Party 2 Brokerage In-house
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 55,755
- Price per foot $ 92.00
- Publication Date 07/01/2008
- Event Date 05/22/2008
- Party 1 Kushner Companies
- Party 1 Brokerage Tishman Speyer
- Party 1 Broker Greg Conen
- Party 2 Victoria's Secret
- Party 2 Brokerage CBRE
- Party 2 Broker Eric Deutsch, Ken Meyerson, Jason Pollen
- Event Sales
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 90,000
- Price $ 525,000,000
- Price per foot $ 5,833.33
- Publication Date 06/01/2008
- Event Date 04/22/2008
- Party 1 Crown Acquisitions, Carlyle Group, Kushner Companies
- Party 2 Carlyle Group, Crown Acquisitions
- Event Retail Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 887
- Publication Date 01/01/2008
- Event Date 11/22/2007
- Party 1 Tishman Speyer
- Party 1 Brokerage In-house
- Party 2 Dunkin' Donuts
- Party 2 Brokerage Joseph Isa
- Party 2 Broker Winick Realty Group
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 6,200
- Publication Date 11/01/2007
- Event Date 09/22/2007
- Party 1 Kushner Companies
- Party 1 Brokerage TSP
- Party 1 Broker Gregory Conen
- Party 2 William Blair & Company
- Party 2 Brokerage JLL
- Party 2 Broker David Kleiner, Andrew Flint
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 39,000
- Publication Date 11/01/2007
- Event Date 09/22/2007
- Party 1 Kushner Companies
- Party 1 Brokerage TSP
- Party 1 Broker Gregory Conen
- Party 2 Millennium Partners
- Event Sales
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 1,500,000
- Price $ 1,800,000,000
- Price per foot $ 1,200.00
- Publication Date 01/01/2007
- Event Date 11/22/2006
- Party 1 Tishman Speyer
- Party 2 Kushner Companies
- Event Office Leasing
- Address 666 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 107,000
- Publication Date 04/01/2005
- Event Date 02/20/2005
- Party 1 Tishman Speyer
- Party 1 Brokerage Tishman Speyer
- Party 1 Broker Calvin Farley, Blythe Kinsler
- Party 2 Fulbright & Jaworski
- Party 2 Brokerage Charles Borrok
- Party 2 Broker David Rosenbloom, Charles Borrok