Muriel Siebert, First Woman of Finance, Signs on New Floor at Lipstick Building


Muriel Siebert, a woman who broke a big glass ceiling in finance, is moving up from the 19th to the 31st floor of 885 Third Avenue aka the Lipstick Building. Ms. Siebert’s firm, Muriel Siebert & Company, signed a new lease in the famed building, where it was one of the first tenants starting in  1986.

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With this lease, the Lipstick Building reached 95 percent occupancy. And Ms. Siebert, who in 1967 became the first woman to own a seat on the New York Stock Exchange, will have room for her company to expand in pre-built space at the 34-story tower.

image001 Muriel Siebert, First Woman of Finance, Signs on New Floor at Lipstick Building“From Wall Street to the world stage, this is a building where leaders of industry converge,” Gerard Nocera, a principal of Herald Square Properties, a co-asset manager of the building, said in a prepared statement. “Muriel Siebert is a woman of distinction, an honored New Yorker and long-term tenant. Her decision to expand her offices at the Lipstick Building is another vote of confidence for a relatively new ownership.”

Newmark Grubb Knight Frank‘s Mark Weiss, Scott Klau and Erik Harris represented the landlord, IRSA of Argentina.

A representative for IRSA did not immediately respond to questions regarding the details of the lease.