LBB Takes Penthouse Space at Nuveen’s 475 Fifth
Newmark arranged a new lease for LBB Industries at the penthouse of 475 Fifth Ave, owned by Nuveen Real Estate. The 4,126-square-foot space was attractive to the tenant due to its vaulted 20’ ceilings, high-end pre-built space, and views overlooking Bryant Park.
A Newmark team of Brian Waterman, Scott Klau and Erik Harris represented the landlord. Their colleagues Bill Levitsky and Matt Augarten represented the tenant.
“The Penthouse at 475 Fifth Ave. was extremely attractive to LBB due to its convenient location, unparalleled views of the park, and a top-tier pre-built space,” said Levitsky.
“We believe that the hard work that Nuveen invested into upgrading the property continues to make it a top choice for creative and financial firms,” added Harris.
LBB plans an August relocation from its previous office at 400 Park Ave. to occupy the entire 24th floor of 475 Fifth.