High-rise commercial buildings

Sub Markets

Property Sectors

Topics

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.

New York & Tri-State  + Midtown New York + New York  + Office  | 
LX57 interior view Manhattan

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.” 

Connect

Inside The Story

ABS Partners

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).

  • ◦Development