Investment Firm Takes Five Years at 130 East 59th
Tom Acitelli July 5, 2011, 3:14 p.m.
Augusta Columbia Capital, a recently launched investment firm, has signed a five-year, 7,281-square-foot lease at 130 East 59th Street.
The tenant sought to open its doors quickly and the UJA Organization-owned building offered a high-end pre-built installation that fit its needs, brokers said. The direct lease, which will begin this month after the firm vacates its temporary space at 345 Park Avenue, will encompass a portion of the 17-story building’s 14th floor at an asking rent of approximately $53 per square foot.
Arkady Smolyansky and Howard Fiddle of CB Richard Ellis represented Augusta Columbia Capital. Ed Goldman, Chris Levinson, Gregg Rothkin and Brad Needleman, also of CB Richard Ellis, represented the landlord in the transaction.