Billy Macklowe Turns 636 Avenue of the Americas Into the SecondMarket Building

636 avenue of the americas Billy Macklowe Turns 636 Avenue of the Americas Into the SecondMarket Building

636 A of A. (Photo: PropertyShark)

Billy Macklowe has filled up the first building he bought without dad Harry.

Investment vehicle SecondMarket Holdings has taken about 50,000 square feet in floors three through six of 636 Avenue of the Americas in the flatiron. The 10-year lease brings the 90,000-square-foot building owned by  William Macklowe Company and Clarion Partners to 100 percent occupancy. Asking rents were between $55 and $60 per square foot.

The lease makes the firm the building’s anchor tenant, and, therefore, ladies and gentlemen of New York, you now have the SecondMarket Building. The firm will ditch its current digs at 26 Broadway in early 2012.

Jim Wenk, Paul Formichelli, Dan Suozzi, and John Lewis of Jones Lang LaSalle represented SecondMarket. Mitchell Konsker, Matthew Astrachan, Jonathan Tootell and Matt Ginberg, also of JLL, represented the ownership.

The SecondMarket deal comes only a few months after Mr. Macklowe hired the Jones Lang LaSalle team led by Mr. Konsker to fill the building. Not bad.

Article continues below
More from Politics
STAR OF DAVID OR 'PLAIN STAR'?   If you thought "CP Time" was impolitic, on July 2 Donald Trump posted a picture on Twitter of a Star of David on top of a pile of cash next to Hillary Clinton's face. You'd think after the aforementioned crime stats incident (or after engaging a user called "@WhiteGenocideTM," or blasting out a quote from Benito Mussolini, or...) Trump would have learned to wait a full 15 seconds before hitting the "Tweet" button. But not only was the gaffe itself bad, the attempts at damage control made the BP oil spill response look a virtuoso performance.  About two hours after the image went up on Trump's account, somebody took it down and replaced it with a similar picture that swapped the hexagram with a circle (bearing the same legend "Most Corrupt Candidate Ever!"!). Believe it or not, it actually got worse from there. As reports arose that the first image had originated on a white supremacist message board, Trump insisted that the shape was a "sheriff's star," or "plain star," not a Star of David. And he continued to sulk about the coverage online and in public for days afterward, even when the media was clearly ready to move on. This refusal to just let some bad press go would haunt him later on.
Donald Trump More Or Less Says He’ll Keep On Tweeting as President