Cushman & Wakefield's John Gray, Peter Van Duyne, John Picco and Ed Donnery, represented FSA, while Deutsche Bank was repped by Robert Alexander, David Berkey, Douglas Lehman, David Maurer-Hollaender, Peter Turchin and Alan Wildes of CB Richard Ellis. Space in the site is currently advertised for $59 to $65 per sf.
Gray says FSA conducted an extensive search before deciding on this space. "By entering the market well before its current lease expired, FSA was able to evaluate its options from various criteria and determine what was most important to the firm. Location, quality and value were the key considerations," he says.
The 700,000-sf site was built in 1985 for EF Hutton. Its upper floors have views of Central Park and overlook the Rockefeller Center ice skating rink. Yesterday in another large deal in Midtown, Cantor Fitzgerald said it will take over 125,000 sf currently occupied by Bloomberg LP at 110 East 59th St.
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