Leases

Lionstone Capital Takes its Lion’s Share of Space at 152 West 57th Street

By August 2, 2012 11:00 am
reprints

Financial planners Lionstone Capital have renewed its lease at The Carnegie Hall Tower on 152 West 57th Street for another 3 years, a person close to the deal told The Commercial Observer. 

carnegie tower1 Lionstone Capital Takes its Lions Share of Space at 152 West 57th Street
The Carnegie Tower

The firm will continue to occupy a 4,117-square-foot space at the 36th floor of the 60-story building. Asking rent for the space is $100-a-square-foot. 

SEE ALSO: Industrious Adds More Coworking Space in LA’s Century City

Sam Seiler of CBRE (CBRE) represented Lionstone Capital in the lease deal. Matt Leon of Newmark (NMRK) Grubb Knight Frank represented TF Cornerstone, the property manager of 152 West 57th Street, in the deal. 

CBRE would not comment on the deal.

Available space on the higher floors of 152 West 57th Street is at 3 percent, according to a person familiar with the building.

The Carnegie Tower is currently 97.5 occupied, according to CoStar data.

drosen@observer.com

152 West 57th Street, Lionstone Capital, Matt Leon, Sam Seiler, CBRE, Newmark, TF Cornerstone
The a 10-year lease is for a full floor spanning 19,000 square feet at the north tower of Watt Plaza in Century City
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