Aby Rosen’s Seaport office tower at 17 State St. – Business News
Leasing is brisk at 17 State St. close to the Seaport since RFR Realty refinanced the harbor-facing, 571,000 square-foot office tower in January. The refi was one of three that RFR head Aby Rosen pulled off on beforehand strained properties — the opposite two had been retail parts of 670 Sixth Ave. and 150 E. 72nd St.
At 17 State St., which RFR has owned for 25 years, 5 renewals totaled 68,362 sq. ft. The largest was for Alphadyne Investment Management, which renewed early on 43,872 sq. ft.
Rosen, who’s shored up his previously under-siege empire one property at a time, additionally signed offers with three new tenants totaling over 12,000 sq. ft, together with AI-powered life insurance coverage tech firm Optifino.
At 17 State St., which RFR has owned for 25 years, 5 renewals totaled 68,362 sq. ft. RFR
The 4,300 square-foot facilities space on the third flooring. RFR
Meanwhile, 17 State launched a new, 4,300 square-foot facilities space on the third flooring. The Liberty Lounge and Conference Center boasts a lounge, cafe, library, screening room and decorative foliage as an homage to close by Battery Park.
As per CoStar, the tower is 89% leased. Asking rents vary from $65 to $75 per sq. foot.
The reinvestment and repositioning of 5 Penn Plaza continues to repay for investor-landlord Stephen Haymes. The 1916 construction between West thirty third and thirty fourth streets landed one other new tenant — Fireblocks, a blockchain security platform that helps to store, switch and handle cryptocurrencies and different digital belongings.
The firm, which is transferring and increasing from 441 Ninth Ave., signed for 35,000 sq. ft on your complete twenty third flooring and half of the penthouse with a wraparound terrace.
The building boasts a new foyer, open views, an facilities heart and a dog-friendly roof terrace, and is more than 85% leased. Asking rents are within the $70-$80 per sq. foot vary.
A JLL crew led by Mitchell (*17*) represented the owner. Newmark’s Aaron Ellison and Adam Spector repped the tenant.
