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New York & Tri-State  + Midtown New York + New York  + Office  | 
JLL represented tow investment firms in relocating to Park Avenue Tower at 65 E. 55th St.

JLL Brokers Investment Firms’ Moves to Park Avenue Tower 

JLL has brokered two full-floor transactions for a total of 31,951 square feet at 65 E. 55th St., also known as Park Avenue Tower, on behalf of two leading investment firms. 

Panagram Structured Asset Management will relocate from 51 Astor Pl.to a long-term lease for 15,436 square feet. Quilvest Capital Partners will relocate from 527 Madison Ave., nearly doubling its footprint in a 10-year lease for 16,515 square feet. 

JLL executive managing director Daniel Posy and VP Peter Michailidis represented Quilvest, while Posy, along with associate Ian Lipman, represented Panagram. Property owner EQ Office was represented in-house by Scott Silverstein, director, portfolio management, and by Brent Ozarowski, executive managing director at Newmark, along with the Newmark leasing team. 

“These transactions highlight the opportunity for premier tenants to secure superior office space in one of the city’s best commercial towers,” said Posy.  

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Inside The Story

JLL's PosyNewmark's Ozarowski

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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