Home Press Releases Condominium and Timeshare Management Firm Leases Suite at W&H’s 250 West 57th...

Condominium and Timeshare Management Firm Leases Suite at W&H’s 250 West 57th Street

NEW YORK CITY, NY – April 3, 2012 – (RealEstateRama) — T. Park Central & O. Park Central, a condominium and timeshare management firm, has leased a suite on the sixth floor at 250 West 57th Street, announces Anthony Malkin, president of Malkin Holdings LLC, which supervises W&H Properties.

The firm will move into its new space in July.

“Real estate entities have very high standards when it comes to office space,” says Mr. Malkin. “We’re pleased to exceed these standards and provide a quality environment for discerning tenants like T. Park Central & O. Park Central.”

Nick Zarnin of Studley represented the tenant in the lease negotiations. Harry Blair, Sean Kearns and Kelli Mekles of Cushman & Wakefield represented the landlord.

Located just steps from the Time Warner Center, Carnegie Hall, Lincoln Center, and Central Park, 250 West 57th Street comprises 26 stories and 535,000 square feet of modern office space. It offers direct in-building access to the Time Warner Center/Columbus Circle subway station, serving the A, C, B, D and 1 subway lines, and immediate access to all major bus lines.

The property’s recently completed $82 million upgrade program includes a renovated lobby, renovated elevator cabs, new windows, renovated air-conditioned public corridors and restrooms, and upgraded building-wide systems, including state-of-the-art electrical, plumbing, HVAC and security.

Part of the W&H Properties’ Pre-War Trophy office portfolio, 250 West 57th Street is supervised by Malkin Holdings LLC, one of New York City’s most financially stable ownerships. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives.

Available space includes W&H portfolio high-end pre-built suites from 2,500 to 7,000 square feet and build-to-suit spaces up to 10,600 square feet.

Broker commissions are paid in full at lease signing.

From: W&H PROPERTIES

Contact: Rachel Antman, David M. Grant, LVM Group Inc.
(212) 499-6570; Rachel (at) lvmgroup (dot) com
(212) 499-6565; David (at) lvmgroup (dot) com