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Four Office Tenants Commit to Fifth Avenue Tower

CBRE arranged four new office leases at 565 Fifth Ave. in Midtown Manhattan, with Cresset Capital Management, Palm Bay International, Evolution Credit Partners and State Tax Law. The team of Ed Goldman, Derrick Ades and Jared London represented the ownership, Stawski Partners. Palm Bay signed for 11,419 square feet, Cresset Capital leased 9,280 square feet, State Tax Law took 9,280 square feet and Evolution Credit Partners committed to 5,137 square feet.
 
“Stawski Partners created an exquisite, new Building Installation Standard on the 21st floor of 565 Fifth Ave.,” said Ades. “This high-end prebuilt enables future tenants to envision their new offices that Stawski builds to suit based on each tenant’s specific program.”
 
Transwestern’s Thomas Hines and Lauren Davidson represented Cresset Capital Management, Brett Harvey of Newmark represented Palm Bay International, David Mosler and Theodora Livadiotis of Cushman & Wakefield represented Evolution Partners, and JLL’s Greg Wang and Rob Wizenberg acted on behalf of State Tax Law.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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