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Two full-floor leases close at 7 Bryant Park

CBRE has negotiated a pair of full-floor leases at 7 Bryant Park, totaling almost 30,000 s/f at the 28-story tower.

Orion Resource Partners, an alternative investment firm, secured more than 14,000 s/f on the 25th floor of the 470,000 s/f building while Whittle School & Studio leased just shy of 13,900 s/f on the 27th floor.

Both deals are for a 10-year term. CBRE declined to share the asking rents for the spaces.

Jason Pollen, Silvio Petriello and Ben Friedland of CBRE represented Orion Resource Partners for their negotiations while fellow CBRE agents Ben Fastenberg, David Maurer-Hollaender and Cara Chayet represented Whittle School & Studio, a global school network that plans to open locations for pre-k to 12th grade education in Washington, D.C. and Shenzen, Cina next year.

Mary Ann Tighe, Howard Fiddle, Evan Haskell, Clyde Reetz, Evan Fiddle and Adele Huang, represented the landlord, Bank of China.

“Orion Resource Partners needed larger space to meet its growing operations and wanted to be located in a building with expansive park views that was close to its current location in Midtown,” Pollen said. “7 Bryant Park offered the opportunity to be located at a world-class address, in a building that is equipped with advanced technology and tenant infrastructure to help create a modern and forward-thinking workplace.”

Developed by Hines, 7 Bryant Park, also known as 1211 Avenue of the Americas, was sold to Bank of China upon its completion in 2014. Other tenants include financial institutions such as Schroder Investment Management North America and Venrock.

“7 Bryant Park is the best boutique building in the burgeoning neighborhood. The building has spectacular views of Bryant Park from every floor and has a trophy-like design aesthetic when viewed from the street,” Fiddle said.

“These features coupled with the fact that the building was built from the ground up  in the last two years has led to the building being extremely well received by the tenant community and in fact currently only a very small amount of space remains.”

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