Renovations could help 579 Fifth court new tenants

579 Fifth Avenue (credit: PropertyShark)
579 Fifth Avenue (credit: PropertyShark)

Axel Stawski’s 579 Fifth Avenue has undergone a quiet, yet transformational, renovation. And its new look provides some insight into the building’s future use. It looks like the property, now reportedly home to small jewelers and a bank, is looking to attract tenants in search of full-floor spaces, as well as to fashion retailers.

Changes include work to the façade, once clad in horizontal white bricks. It now boasts a shiny low-iron glass cover with a Polar White interlayer. A limestone slab that runs vertical from the edge of the façade has been remade into a continuous glass corner for offices. The property’s storefront, currently occupied by Bank Leumi — its lease expires in a few years — is set to have more glass suitable to fashion tenants, the Post said. Inside, the lobby has been enlarged and upgrades were made to elevator cars and hallways.

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CBRE is marketing the available floors, which the Post said are few in number.

According to PropertyShark, the building measures 130,715 square feet and is 16 stories high. [Post]