Commercial real estate brokers congregate during a lunch event held in the duplex at 250 West 57th Street.
NEW YORK CITY - When is an office space like a luxury apartment?
When it's a 20,328-rentable-square-foot penthouse that offers a rooftop terrace, private duplex, working fireplace and internal staircase.
It is a rare occurrence, and now, for the first time ever, it is available for lease at W&H Properties’ 250 West 57th Street, announces Barry Zeller, executive director of Cushman & Wakefield, the building's managing and leasing agent.
"When you hear about a penthouse with these sorts of amenities, you have visions of an art-Deco 1930's movie or a legendary apartment on Fifth or Park Avenue," notes Mr. Zeller.
Even more, points out Mr. Zeller, this space on the 25th and 26th floors has 22-foot ceiling heights, dramatic skylights and a spectacular view of Central Park and the Hudson River.
"This creative office space -- which is a short walk to Time Warner Center, Carnegie Hall, Lincoln Center, Central Park, the Hearst Building and Random House -- provides a perfect arena for a tenant in financial services, advertising, architecture, design, media or publishing looking to make a statement," he says.
250 West 57th Street's top-to-bottom capital improvement program, totaling $82 million, has recently concluded. The renovations include new windows, elevator cabs, upgraded building systems, renovated air-conditioned public corridors, restrooms, and a renovated lobby and concierge desk.
Space availability at 250 West 57th Street ranges from 1,700 square feet to the spectacular tower duplex.
250 West 57th Street also features the highly successful W&H pre-built program with spaces in move-in condition that have new ceilings, lighting, flooring and highly efficient space layouts.
Part of the W&H Properties portfolio, 250 West 57th Street is owned by Fisk Building Associates LLC, a partnership led by Peter L. Malkin.
Broker commissions are paid 100% upon lease signing.
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