Investment Manager Brevan Howard Inks 21K SF at 1345 Avenue of the Americas
Currently located at 590 Madison Avenue, Brevan Howard will move within Midtown in early 2022. The 10-year lease will provide the company with ample space on the 28th floor of the Avenue of the Americas tower between 54th and 55th streets.
This deal rides the coattail of recent renovations within the building complex. In May Fisher Brothers finished a $120 million revamp of the property that began in 2017 that added enhanced amenities with an increased emphasis on communal space.
One such addition is an amenity space @Ease1345 managed by Ease Hospitality, a business-lifestyle initiative started by Fisher intended to promote health and wellness in the building, that includes a tenant lounge, food and beverage services, and wellness spas.
“With the creation of @Ease1345, a robust amenities center with flexible work and wellness spaces, the building has been transformed into a forward-thinking workplace,” Fisher Brothers’ Ken Fisher said in a statement. “In addition, we’ve created a more inviting Midtown Manhattan neighborhood with renovated and expanded public spaces and interactive art experiences for tenants and visitors to enjoy.”
JLL (JLL)’s Daniel Posy and Jason Roberts represented Brevan Howard in the deal. Marc Packman, Clark Briffel and Charles Laginestra handled it in-house for Fisher Brothers, alongside CBRE (CBRE)’s Howard Fiddle, Peter Turchin, Gregg Rothkin, Anthony Dattoma, Benjamin Joseph and William Iacovelli.
Spokespeople for CBRE and JLL did not immediately respond to requests for the asking rent.
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