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Suite 400, 18,000 RSF
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A suite comprising 18,000 contiguous square feet, with exposure to all of 57th Street and Broadway, has become available at 250 West 57th Street.
How rare is this occurrence? "This is the largest contiguous block of space that has ever been available in the combined 36 years of my and my predecessor's time at 250 West 57th," says leasing manager George Fabian. "And looking at our leases in place, it will be at least a decade before we can even think about assembling another block of space this size."
Nor will the suite remain available for long. The building is more popular than ever, thanks to a nearly completed $35 million capital improvement program that encompasses new windows, elevator cabs and bathrooms, a new lobby, upgraded building systems, refurbished public corridors, and a newly-renovated entrance to the 59th Street subway station - along with the recent opening of the Time Warner Center.
As Barry Zeller, senior director, Cushman & Wakefield, the building's managing and leasing agent, notes, "This is the hottest neighborhood for media and entertainment firms."
He adds, "Our pre-built program has created more leasing velocity than ever before, with longer term, credit tenants. If a single large user does not lay claim to the space quickly, we will break up this once-in-more-than-a-generation opportunity and lease it in smaller suites."
Ownership is offering the premises on a turnkey basis, including free preliminary space services to prospects. For more information, please contact George Fabian at 212-246-2247 or send an email to georgef@fiskbuilding.com.