Cushman & Wakefield’s Adam Nelson represented the tenant, FantasEyes, in the transaction. The landlord was represented by William Korchak, Ed DiTolla and Henry Warner of JLL.
“FantasEyes was originally on two non-contiguous floors across the street,” said Adam Nelson of Cushman & Wakefield. “At 420 Fifth Avenue, they are able to stay in the immediate area and consolidate to a single, nearly column-free floor plate with amazing light and views. ”
420 Fifth Avenue is a modern condominium office tower with high-quality granite and glass curtains walls, a three-story clear atrium lobby and a large plaza entry. The building was transformed from a multi-level urban retail space to a multi-tenant retail space and is currently fully occupied. Other office tenants in the building include: Luxotica, The Rockefeller Foundation and Major League Soccer.
Located between 37th and 38th streets, 420 Fifth Avenue sits directly next to the Lord & Taylor flagship between Bryant Park and the Empire State Building. The property is within walking distance to multiple subway stations including 5th Avenue, Herald Square, Bryant Park, Times Square and the 33rd Street PATH station.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.