In a release, William Cohen, EVP at Newmark Knight Frank and 1040 Sixth Ave.'s leasing agent, says the lease was signed "just a couple weeks after our successful broker event" at the repositioned property, which recently completed $15 million-plus worth of capital improvements . "During that event, brokers were able to experience firsthand the major capital improvements to the building and the three pre-built offices on the ninth floor." The pre-built suites were made available on the ninth, 10th and 11th floors of the 256,000-square-foot property, and range in size from 3,500 to 12,000 square feet. Space can be leased individually or combined, the release states.
A Skyline source did not respond to GlobeSt.com's calls for additional information by deadline. However, in August GlobeSt.com reported that asking rents would increase from the low $60s per square foot to the mid to upper $70s per square foot, following completion of the renovation. At that time, the property--situated on the northeastern corner of 39th Street and Sixth Avenue--was about 90% leased.
A release from Skyline says the pre-built suites feature glass walled conference rooms, tenant-controlled HVAC, full-height paneled wood doors, quality hardware, high-end lighting, fully operable windows and pantries with stainless appliances. The 24-hour attended lobby has been enhanced with new decorative fabric panels and a Wall Street Journal video wall.
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