Fisher Brothers announced the completion of a 30,000 s/f , long term lease with BBR Partners, LLC.
The wealth management firm will occupy the entire 18th floor of Park Avenue Plaza, located at 55 East 52nd Street in Midtown East.
BBR Partners continues to prioritize modern, functional space to support the recruitment and retention of talented professionals.
Fisher Brothers, a fourth-generation real estate company that owns and manages more than 5.5 million square feet in Midtown Manhattan, worked closely with BBR Partners to ensure that their office space needs were met as the firm navigated the pandemic.
“This signing is a testament to our continued investment in our properties and our deep-rooted commitment to being reliable partners to our tenants,” said Ken Fisher, Partner at Fisher Brothers.
“We’re proud to be able to work with high caliber tenants, such as BBR, by providing knowledgeable, Class A services. Experience and innovation in the workplace have never been more important than now, as the City returns to the workplace.”
BBR Partners is a Barron’s Top Ten Investment Advisor that provides financial advice and service to a select group of wealthy families. In its 20th year, BBR serves a global, multi-generational client group with diverse backgrounds and interests.
Based in New York, with offices in Chicago and San Francisco, the firm’s clients include entrepreneurs, beneficiaries of inherited wealth, executives of Fortune 500 companies, and investment professionals with hedge funds, private equity and real estate backgrounds.
“We are excited to begin our relationship with Fisher Brothers as a tenant of their modern building in Midtown East. We look forward to returning to work and enjoying the spacious and state-of-the-art facilities that Park Avenue Plaza provides,” said Barry Klayman, Partner & COO at BBR Partners. “Fisher Brothers understood our needs and were able to safely accommodate our people, as well as our short and long-term business goals as we enter a post-COVID-19 world.”
Park Avenue Plaza is a Skidmore, Owings & Merrill-designed, 1.2 million square foot modern office tower and is home to several prominent financial firms. Building features include a stately green glass facade, striking views, twelve corner offices per floor, column-free 45-foot interior spans, state-of-the-art security and a glass-walled atrium lobby with a waterfall-side café and European-style luxury retail arcades.
Lease negotiations for Fisher Brothers were handled in-house by Marc S. Packman and Charles P. Laginestra, alongside Howard Fiddle, Peter Turchin, Christie Harle, Benjamin Joseph, and Roger Griswold of CBRE. Brad Needleman at Newmark Knight Frank and Jason Gorman at CBRE handled negotiations on behalf of BBR Partners.