The Moinian Group’s 535 Fifth Avenue property in Midtown has reached a 90% occupancy rate, with Altice USA securing the entire 23rd floor and Cablevision Lightpath leasing a prebuilt space of 4,850 square feet. Forest Hills Financial Group, a subsidiary of The Guardian Life Insurance Company of America, previously leased the entire 13th floor at the building.
According to Omar Sozkesen, vice president of Commercial Leasing for The Moinian Group: “As we approach full occupancy at our prime location on Fifth Avenue, it is clear that there is still high demand for turnkey spaces in desirable locations.”
Representatives from C&W and DHC Real Estate Services represented ownership in this transaction while representatives from C&W represented the tenant.
This latest development further solidifies The Moinian Group’s success with their prestigious property on Fifth Avenue.
