Empire State Realty Trust has recently finalized a lease agreement with Hanover Street Capital, a leading commercial real estate platform serving Deutsche Bank’s real estate financing business. The 12,622-square-foot office space at 250 West 57th Street in Midtown was the perfect choice for Hanover Street Capital due to its prime location and high-end pre-built space that is ready for immediate occupancy.
According to Sunil Madan, head and COO of Hanover Street Capital, “We were immediately drawn to the unbeatable location of 250 W. 57th Street and our move-in ready pre-built space.” He also expressed excitement about partnering with Empire State Realty Trust and becoming part of the building’s community.
The lease negotiations were facilitated by Chase Gordon from Transwestern on behalf of Hanover Street Capital. On the other hand, Paul J. Amrich, Alexander Golod, Neil V. King III,and Anthony Manginelli from CBRE along with Jordan Berger from ESRT represented the property owner.
This recent development showcases how attractive Midtown continues to be for businesses looking for prime office spaces in New York City.
