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Wealth managers settle in at Carnegie Hall Tower

By Konrad Putzier

TF Cornerstone has signed two new tenants at its Midtown office buildings 645 Madison Avenue and Carnegie Hall Tower, bringing occupancy at the former to 100 percent.

Chip Sealy
Chip Sealy

At Carnegie Hall Tower at 152 West 57th Street, wealth management firm Professional Advisory Services leased 2,000 s/f with an asking rent of $105 per s/f.

Financial services firm Solaris Associates leased the entire 8th floor at 645 Madison at the corner of East 60th Street. The asking rent for the 6,900 s/f space was in the mid-$80s.

Newmark Grubb Knight Frank’s executive managing director Matthew Leon and TF Cornerstone’s director of leasing, Chip Sealy, represented the landlord in both deals. They could not be reached for comment at short notice.

CBRE’s Silvio Petriello and Paige Wilkins represented Solaris in the Madison Avenue lease, while Professional Advisory Services was repped by The Kaufman Organization’s Jared Steinberg.

The firm’s five-year lease marks the sixth deal at 60-story Carnegie Hall Tower for more than $100 per s/f in recent months. In May, Fair Oaks Capital leased 5,000 s/f at the building, which also houses hedge fund Kingdon Capital, clothing company Wolverine Worldwide and an Ann Taylor store. Carnegie Hall Tower is 98 percent leased.

Solaris’ ten-year lease at 645 Madison brings the 22-story, 150,000 s/f tower to full occupancy.

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