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Deals & Dealmakers

Avison Young named leasing agent for RXR’s 530 Fifth Avenue

Avison Young announced that its New York City office has been named the exclusive office leasing agent for 530 Fifth Avenue, RXR Realty’s 540,000 s/f Class A, 26-story tower in Midtown.

The building is situated between 44th Street and 45thStreet – two blocks from Bryant Park and Grand Central Terminal, three blocks from Rockefeller Center. RXR bought the office portion of the building from Rockwood Capital and Jamestown in 2014.

The Avison Young team of principal and tri-state president, Arthur J. Mirante, II, president and managing director, A. Mitti Liebersohn, principals John Ryan, III and Michael Leff, senior director Anthony LoPresti, and senior associate Henry Fuentes will manage leasing for the building’s vacant office space on behalf of ownership.

“RXR selected Avison Young based on their experienced team and willingness to commit senior Principals to the leasing of 530 Fifth Avenue,” said William Elder, executive vice president and managing director of RXR Realty.

“We have great confidence in the firm in New York and their ability to deliver results.”

Avison Young is currently marketing office spaces ranging from 7,800 to 102,000 rentable square feet. The building’s current tenants include Lions Gate Entertainment, Ameriprise Financial Inc., and Diageo North America.

“This is a significant milestone in the continued growth of Avison Young and our building agency practice in New York City,” Liebersohn said.

“I believe RXR saw the talent, teamwork and desire which will lead to our team’s success at 530 Fifth Avenue. Our team is extremely excited to work with RXR on leasing this fantastic building.”

Mirante continued, “This prime building on Fifth Avenue in the heart of Midtown, 530 Fifth Avenue provides tenants with a distinct identity in one of the most highly sought-after areas in Manhattan, with perfectly-sized floorplates and full and partial floor availabilities.”

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