New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
ABS Unveils Reimagined LX57 Offices
ABS Partners Real Estate unveiled its $50-million reimagining of LX57, a 110,000-square-foot office building at 695 Lexington Ave. in the Plaza District. The 20-story boutique corner building offers full-floor newly furnished office spaces with private elevator entries, along with flexible terms from three years or more. ABS is the managing and leasing agent for LX57.
LX57 currently offers three pre-built units available for immediate occupancy while ABS is building out the remaining suites on a spec or custom build to suit as necessary. Asking rent at LX57 is $85 per square foot.
“Our cycle-tested experience in the office sector has given us a deep understanding of the continually changing needs of the office tenant base,” said Gregg Schenker, president of ABS. “The modern aesthetic combines with technology-driven solutions and wellness elements to bring new life to this now modernized art deco gem in the heart of Plaza-Midtown East.”
- ◦Development