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Lee NYC Markets Plaza District Office for Long-Term Leasehold

Lee & Associates NYC is marketing for long-term leasehold 661 Lexington Ave., a roughly 35,000-square-foot office building in the Plaza District within Midtown East. Senior managing directors Ben Tapper and Chris Varjan are marketing the circa-1902 building at the northeast corner of East 55th Street on behalf of The Parkoff Organization, a real estate acquisition and management company based in Great Neck, NY.

“With the reopening of New York City well underway, the demand for all types of space in Midtown is steadily rising, and this building offers an excellent opportunity in a well-situated, accessible neighborhood,” said Tapper. 

Varjan added, “The flexible nature of the zoning allows for reimagining and redeveloping the property for multiple uses beyond standard office space.” Some potential users, he added, would be a government, education or nonprofit organization; a family office; or a social club.


Inside The Story

Lee NYC's TapperLee NYC's Varjan

About Paul Bubny

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 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).

  • ◦Sale/Acquisition