One Bryant Park Nears Capacity: Investment Firm Pays Ginormo-Bucks for Office Space

lobby with people 0 One Bryant Park Nears Capacity: Investment Firm Pays Ginormo Bucks for Office SpaceOne Bryant Park, the Durst Organization’s sparkling new skyscraper on Sixth Avenue, has just leased 7,300 square feet to a tenant who is clearly what real estate types would call "price insensitive."

Apex Capital Management, a private investment firm based in Hong Kong and New York, agreed to pay more than $160 per square foot for the lease on the 37th floor. In so doing, the group snapped up one of the last remaining spaces in the 54-story, green building anchored by Bank of America.

According to a source familiar with the tower, aside from a few minor scraps here and there, only one big chunk of space remains to be leased just weeks after its first tenants moved in — a 31,000-square-foot space, also on the 37th floor.

Congrats to Durst’s in-house brokers, Eric Engelhardt and Tom Bow, and to Apex’s brokers from GVA Williams, Richard Plehn and Greg Wang, on the deal.

Article continues below
More from Culture
From Nowhere.
‘From Nowhere’ Is as Troubling as It Is Relevant