October 18, 2023 9:00 AM
Newmark has secured a 10,799-square-foot office lease, signing world-renowned tenant Rare Violins of New York at Carnegie Hall Tower at 152 W 57th Street. Newmark was the sole broker on the transaction, with Senior Managing Director Stephen Gordon and Director Nathan Kropp representing the tenant and Executive Managing Director Matt Leon representing the landlord.
Rare Violins of New York will be relocating from its previous location at 37 West 57th Street, nearly doubling its office footprint. The company is an internationally renowned violin dealer and restorer, offering high-quality instruments and bows to professional musicians, collectors and foundations worldwide.
“Carnegie Hall Tower was a natural choice for the tenant and the landlord given the tenant’s clientele and its connection to performing arts,” said Kropp. “The building’s features, including nearly column-free floor plates, sweeping Central Park views and abundant natural light, create a fitting environment where the tenant’s highly trained professionals can serve valued clients.”
In the highly sought-after Plaza District, Carnegie Hall Tower offers tenants majestic, 360-degree views of the New York City skyline, including a direct line of sight to Central Park and the Hudson River. The property features high-end finishes, high ceilings and market-leading amenities, including a sky terrace on the 43rd floor set aside exclusively for tenant use, a state-of-the-art conference center, a health and wellness center and a golf simulator suite.
“Carnegie Hall Tower is a national landmark, an indispensable cultural center and destination held in the highest esteem by the international community of musicians and artists,” said Gordon. “Rare Violins of New York, with its long history of putting instruments into the hands of expert musicians, was a perfect fit to locate next door to the legendary performance center.”
“We are excited to welcome Rare Violins of New York to Carnegie Hall Tower’s 38th floor. The best-in-class business will complement the tenant community and add to the allure of the tower,” adds Leon. “The Rare Violins lease comes on the heel of several full floor leases completed in the past weeks.”
In addition to Carnegie Hall, Carnegie Hall Tower provides access to world-renowned, high-end stores, restaurants and luxury brand hotels. The location is also within walking distance of Lincoln Center and Stern Auditorium / Perelman Stage.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of June 30, 2023, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with over 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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