NEW YORK CITY-Move over Midtown South: Taconic Investment Partners’ closing on 326,000 square feet of space at 619 West 54^th St. may be more than just a gamble – the asset manager might be looking into a bright future indeed. Paul Pariser, principal of Taconic Investment Partners is “very excited” about the property, located on a soon-to-be sparkling stretch of Eleventh Avenue in the West 50s. The deal was brokered exclusively by Jones Lang LaSalle vice chairmen Mitchell Konsker and Matthew Astrachan and vice president Alexis Tener.

The Far West Side is “solid” all the way up, Pariser says, ticking off popular submarkets like a commercial real estate broker’s dream shopping list: Chelsea, the West Village – he calls it “golden” and the “dramatically improving” Hudson Square seem to form a perfect chain leading up to the next fancy pendant at Midtown West.

“There are many major residential developments running up 9^th 10^th 11^th [Avenues] which are solidifying it as a location,” Pariser added. “All the auto stores [that] gave up on the area…they’re all moving back and they’ve made massive improvements to the quality of the real estate.”