LEASE, ASSET MANAGEMENT

Project Details

Manhattan Office & Retail:
Nippon Life Insurance & Equitable

  • 1285 Avenue of the Americas, N.Y, N.Y.
  • 1,800,000 SF
  • Core Dispo founder was Leasing AVP, Asset Manager, Nippon Life
  • Value increased after our tenure: $1.6 B is most recent sale price

  • Maximized property value through operational efficiencies and leasing

Wall Street Journal Article – May 20, 2016 8:10 p.m. ET:

“The corporate-office canyon on Manhattan’s Sixth Avenue got a boost Friday as developer Scott Rechler announced he has purchased one of its most prominent towers for $1.65 billion and renewed the building’s biggest tenant, UBS Group AG.”

Client
Nippon Life Insurance & Equitable
Transaction Types