Park Avenue Plaza | The Real Deal New York

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Park Avenue Plaza

55 East 52nd Street
New York, NY 10022
(212) 940-6255
Website
Office, Leasing/Rental

The Park Avenue Plaza Building is a 575-foot office skyscraper in Midtown, Manhattan. It was built in 1980 by Fisher Brothers and designed by architects at Skidmore, Owings & Merrill in the modernist style. Fisher Brothers sold a 49% stake in the building for $330 million in 2010, a stake which is currently owned by Soho China, who paid over $569 million for it in 2011. The most notable tenants of Park Avenue Plaza include McKinsey & Company, which has a 295,150-square-foot lease in the building. Aon Risk Services takes 272,080-square-feet and Intercontinental Exchange has 93,365-square-feet. Other big names include BlackRock (61,124-square-feet). Formerly, the building held offices of MF Global before it declared bankruptcy in 2011. In total, the building contains 1.2 million square feet.

  • Address 55 East 52nd Street
  • neighborhood Midtown
  • borough Manhattan
  • owner Fisher Brothers
  • owner entity PARK AVENUE PLAZA OWN
  • architect SOM
  • sales/marketing Fisher Brothers, Marc Packman, Jessica Kanfer
  • height in feet 575
  • Year Built 1980
  • square feet 1,064,223
  • block and lot 1-01288-0027
  • BIN 1083869

01/04/17
...Swiss Re rents 93,344 square feet at Fisher Brothers’ Park Avenue Plaza at 55 East 52nd Street. That building is also home to BlackRock, until it moves...

04/23/15
...NYC investments: The GM Building at 767 Fifth Avenue, Park Avenue Plaza at 55 East 52nd Street Soho China appears to be in even better shape than...

02/24/15
...Laurence Fink and Park Avenue Plaza at 55 East 52nd Street (Credit: CoStar) The world’s largest asset manager is once...

01/09/14
...in Manhattan 3. Fisher Brothers to redesign, renovate 13,000-square-foot Park Avenue Plaza arcade 4. Bed-Stuy's Interfaith Medical Center goes two days sans heat 5. Suspect business partner of...

12/31/13
...in 2012 when she purchased a 49 percent share in Park Avenue Plaza for $600 million. But 2013 saw Zhang Xin take her personal holdings in New York City...

07/17/13
...relationship with the Fishers on 299 Park Avenue and Park Avenue Plaza in order to close, according to the Post. The tower at 1345 Avenue of the...

09/14/12
...s major office landlords owning such towers as Park Avenue Plaza, and has developed residential properties such as 50 Sutton Place South and Imperial House at...

08/17/12
...Deal, Lindenbaum named his work on Trump Tower, Park Avenue Plaza, the Musuem of Modern Art and Rockefeller Center as the projects with which he...

07/18/12
...Corzine and 55 East 52nd Street MF Global's former Park Avenue Plaza space at 55 East 52nd Street has been spoken for. Intercontinental Exchange, which provides market...

06/11/12
...firm Rockpoint Group sold its 49 percent stage in Park Avenue Plaza at 55 East 52nd Street in a deal valuing the building at $1.19 billion; when Rockpoint...

02/28/12
...package comprised of 55 East 42nd Street — also called Park Avenue Plaza — and 49 East 52nd Street traded hands for $569 million last year, coming in at number...

01/09/12
...comprised of 55 East 42nd Street -- also called Park Avenue Plaza -- and 49 East 52nd Street also traded hands for $569 million last year, coming in...

12/07/11
...such as 299 Park, 605 Third Avenue, 1345 Sixth Avenue and Park Avenue Plaza, at 52nd Street. Fisher Brothers is also a partner in the residential development Columbus...

10/27/11
...announced that it had sold its stake of Park Avenue Plaza at 55 East 42nd Street earlier this month, the company declined to reveal how much...

10/19/10
...Winston Fisher and Park Avenue Plaza The Fisher family, who began developing real estate in 1915, has reached a deal to...
  • Event Office Leasing
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 31,000
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 62,000
notes
The derivatives brokerage leased the entire 39th and 40th floors for about 11 years. The tenant is subleasing the space from Swiss RE for the first two years of the deal; the remainder of the lease will be a direct deal with landlord Fisher Brothers.
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 30,294
  • Publication Date 03/01/2007
  • Event Date 01/20/2007
  • Party 1 Aon Service
  • Party 1 Brokerage CBRE
  • Party 2 Fairfield Greenwich Advisors
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Marc Shapses, Jeff Schwartzenberg
notes
The alternative asset management firm inked a long-term sublease and is relocating from 919 Third Avenue.
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 150,000
notes
Blackrock subleased the space from the Dutch financial firm.
  • Event Office Leasing
  • Building Name Park Avenue Plaza
  • Address 55 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 31,500
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Swiss Re
  • Party 2 Evercore Partners
notes
Private investment bank relocates from 65 East 55th and expands

...GM building and $600 million for a stake in Park Avenue Plaza. But these mega purchases actually represent early, and relatively safe, forays into New York...

...May. The firm took floors 39, 40 and 41 in the Park Avenue Plaza building in the space formerly occupied by the bankrupt MF Global, once led by...

...Group's purchase of a nearly 50 percent stake in Park Avenue Plaza on East 52nd Street for $335 million, are two major examples. Despite the renewed activity...
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