East Midtown, a favored location for hedge funds and small financial firms, will soon have a prestigious new location for them. After serving as Santander’s New York headquarters since 1991, …
After serving as Santander’s New York headquarters since 1991, the 134,000 square-foot boutique office tower at 45 E. 53rd St. is finally to be made available for other tenants.
Newmark’s Jordan Roeschlaub and Dustin Stolly arranged and structured the equity joint-venture and are arranging financing. ZG Capital is a partnership of Bobby Zar and James Tamborlane. They recently bought the Bruckner Building office property in The Bronx. The 45 E. 53d St. purchase is the first New York City acquisition for Rialto, which is run by Jay Mantz and Jeff Krasnoff.Park Tower Group is proud that its 37-story building has 94% physical occupancy based on daily headcounts.
Through a partnership between Park Tower and Christie’s auction house, the building boasts a Christie’s Sculpture Garden exhibition space in the outdoor public plaza and indoor lobby.
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