Soloviev Group revealed an image of the amenity space and disclosed that the flagship building, 9 West 57th Street, is nearing full occupancy, underscoring continued demand for premier, class A office space.
“Filling 9W is something that has never been done before and has always been a moderate goal of mine because I put a lot of time into this building throughout my life,” said Stefan Soloviev, chairman of Soloviev Group. “My father assembled 17 parcels and bet everything he had to build this amazing building and though our business styles clashed as did we, its somewhat satisfying that through it all we collectively made 9 West 57th Street the best building in the world.”
The announcement follows a series of high-profile transactions at the property, including an April lease on the 50th floor averaging $340 per rentable square foot (RSF), believed to be the highest office lease ever achieved in New York City commercial real estate history.
Included within the recently signed transactions are two existing tenants. Both organizations are expanding their footprints at the property through new long-term leases. Their decisions to do so further demonstrate sustained tenant confidence and satisfaction in 9 West 57th Street.
Additional signed transactions include:
- Webster/SFI’s signing of a 10-year lease for 5,063 rentable square feet on the 50th floor averaging $315 per rentable square feet. The deal was represented by Paul Amrich and Neil King of CBRE.
- Infinedi Partners’ signing of a 10-year lease for 7,080 rentable square feet on the 50th floor averaging $297.50 per rentable square feet. The deal was represented by Troy Elias of Cushman & Wakefield.
- An undisclosed existing tenant’s12-year expansion lease for 21,194 rentable square feet on the 48th floor, represented by Neil King of CBRE.
- Continuim LLC’s seven-year lease for 5,154 rentable square feet on the 30th floor averaging $240 per rentable square feet. The deal was represented by Jonathan Anapol of Prime Manhattan.
- Halle Capital Management’s seven-year lease for 6,877 rentable square feet on the 30th floor averaging $230 per RSF. The deal was represented by Michael Movshovich and Grant Potter of Cushman & Wakefield.
- Redding Ridge Asset Management’s 10-year lease for 8,097 rentable square feet on the 23rd floor averaging $217.50 per rentable square feet.
- Catch Hospitality Group’s 15-year lease for 20,688 usable square feet for a new fine dining concept in the former Cucina 8 ½ space.
The soaring skyscraper recently completed major upgrades to the lobby, elevator modernization, and building system technology. Additionally, as part of its renewed commitment to bolstering the tenant experience, 9 West 57th Street introduced new amenities including a 20,000-square-foot amenity floor, offering Central Park views, modern conferencing, multi-functional meeting space, a grab-and-go coffee bar, executive dining and a hospitality area. Plans for slight modifications to the spaces are underway.
The CBRE team of Howard Fiddle, John P. Maher, Gregg Rothkin, Alex Leopold and Tara Rhodes represented ownership in the transaction.
