Exclusive: Cushman Snags Major Assignment

The 100,000 square feet of commercial space available at 400 West 59th Street and an adjoining building will be marketed by Cushman and Wakefield’s Josh Kuriloff, Jodi Roberts and Andrew Braver, The Commercial Observer has learned.

400 West 59th Street (Courtesy Property Shark).

George Soros’ Open Society Institute will soon vacate the space on the entire fourth and part of the third floor of the 51-story mixed-used tower. The Syms Operating Theater, an adjoining space with approximately 30,000 square feet, is also available for rent.

The Brodsky Organization-owned building, at 59th Street and Columbus Avenue, will be on the market for the first time since the asset was construction in 1997. OSI is moving due to growth.

An 8,000 square foot outdoor garden terrace and large floor plates are among the building’s strengths, said Mr. Kuriloff, who added that he envisions a publishing or media tenant in the space.

Rents are in the “mid to high 40’s,” said Mr. Kuriloff.

Exclusive: Cushman Snags Major Assignment