Steven Strati of Cushman & Wakefield acted as the listing broker. David Workman of First New York Realty Co. Inc. acted as the agent for Phoenix Partners.
Craig Nassi, CEO of BCN Development, tells GlobeSt.com that Phoenix Partners took an entire floor. He also notes that rents are in the high $50s per sf at the 20-story property.
Leases in Midtown Manhattan are still getting done at great rates, Nassi explains. "I look forward to having this cutting-edge high-technology company in our building," Nassi says. "I am delighted that Phoenix Partners recognized the desirability of 315 Park Ave. S. as the location to build their new $5-million trading floor."
The 340,000-sf 315 Park Ave. is also headquarters to Credit Suisse. The property has a just renovated 50-year-old lobby with a $1-million detailed finish.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
