ĪBS purchased the building between Lexington and Third avenues for $62.8 million in October 2016, and repositioned it to serve as workspaces for the Billionaires’ Row crowd. Other tenants in the 13-story, 58,500-square-foot office building, also known as the Hammacher Schlemmer building, include Danish furniture company Carl Hansen & Søn, which signed a 10-year retail lease for 9,063 square feet in September. Ī spokesperson for C&W did not immediately respond to a request for comment. John Brod and Ben Waller of ABS represented the landlord in-house in the transaction while Brian Weld of Cushman & Wakefield (CWK) negotiated on behalf of the nurses union, whose members mainly work at Lenox Hill Hospital. SEE ALSO: Electric Vehicle Company Leases Industrial Building in Orange CountyĪBS did not provide the asking rent or the length of the lease, but average asking rent in Midtown was $82.68 per square foot in the third quarter of 2023, according to a report from CBRE. The Seminole Hard Rock Hotel and Casino's Guitar Hotel has light cannons on the roof that project the strings up to 20,000 ft into the night sky, creating the illusion of the neck of the guitar.
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