Bessemer Trust Takes Top 7 Floors at Rock Group’s 1271 Sixth
Bessemer Trust will occupy the top seven floors at Rockefeller Group’s 1271 Ave. of the Americas. The privately-owned multifamily office is leasing 239,000 square feet of headquarters space at the 48-story tower, and will relocate from 630 Fifth Ave. in 2021.
“Bessemer Trust’s distinguished history and reputation made them one of the most sought-after tenants in Manhattan,” said Rockefeller Group president and CEO Daniel Moore. “We are thrilled to welcome them to 1271 Ave. of the Americas, and look forward to working with them for years to come.”
A Cushman & Wakefield leasing team led by John Cefaly and a financial-consulting team led by Peyton Horn represented Bessemer. Building ownership was represented by an in-house leasing team led by Ed Guiltinan, along with CBRE’s Mary Ann Tighe, Howard Fiddle, John Maher, Dave Caperna, Evan Haskell and Sarah Pontius. The lease brings the repositioned property to more than 70% occupancy.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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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