ABS Partners has launched a leasing campaign at the Hammacher Schlemmer Building after buying the building for $62.75 million in partnership with Benenson Investment Co. last month.
“The ABS team is delighted to participate in the further development of a NYC landmark. 145 East 57th Street has been transformed into a first-class, state-of-the-art workspace that is ready to serve the needs of current and prospective tenants,” said ABS president Gregg Schenker.
“The building’s bright floors bring in light on four sides and offer flexibility to create ideal arrangements and configurations. The building’s zoning also allows for many uses, including residential, commercial and hotel.
“Our planned office upgrades include ultra-high-quality glass partitioned space for tenants seeking a boutique, full-floor office in the Plaza District with an impressive presentation.”
Robert Finkelstein, executive managing director at ABS, said the building has four floors available that are ideal for family offices, foundations and private equity firms. The 12-story property, totaling 64,000 s/f is just east of Billionaire’s Row.