ABS Partners Real Estate announced that Speyside Equity has signed a lease for the entire 2,650 s/f penthouse at 145 East 57th Street.
The 12-story, 64,000 s/f “curated” office property is located along Billionaires’ Row. The penthouse is a newly constructed “glass box” addition to the building and features 14-foot ceilings and a private terrace with river to river views.
ABS Partners in partnership with Benenson Investment Company purchased the historic property – known for housing famous retailer Hammacher Schlemmer – in the fall of 2016 and has since invested substantial funds in a capital improvement program.
The reimagined property is now offering four pre-built floors – all featuring world-class pantries and bathrooms, along with new mechanical, electric and elevator systems throughout the building.
John Brod, Robert Finkelstein and Alex Kaskel are leading the ABS Partners Real Estate team that is handling leasing for 145 East 57th Street.
“We are delighted to welcome Speyside Equity to 145 East 57th Street,” said Brod. “They are the ideal tenant for both the penthouse and the building and are representative of the type of firm interested in this ‘transformed’ product.”
“This new office will allow us to expand our team as we raise our next fund in the coming months,” noted Kevin Daugherty, Founder of Speyside Equity
In addition to Speyside Equity’s New York location, the firm also has an office in Ann Arbor, Michigan.