New York & Tri-State + Midtown New York + Office | January 12, 2023

JLL represented private equity firm Incline Equity Partners in a relocation to 101 Park Ave. in Midtown Manhattan

Private Equity Firm Nearly Doubles Footprint in Move to 101 Park Ave.

JLL has arranged an 18,000-square-foot lease for growing private equity firm Incline Equity Partners at 101 Park Ave., located at the corner of 40th Street and Park Avenue in Midtown Manhattan. Incline Equity Partners will nearly double its footprint in a relocation from 505 Fifth Ave. to occupy a custom office space on the partial 46th floor of the property owned by H. J. Kalikow & Co.

JLL vice chairman Alexander Chudnoff and associates Harrison Potter and Kate Roush represented Incline Equity Partners in its relocation and expansion. Cushman & Wakefield executive vice chairman John Cefaly and managing director Nicholas Dysenchuk represented ownership.

“We have been fortunate to partner with Incline as they first established their New York office at 100 Park Ave., then doubled in size to 505 Fifth Ave., and now to their new home in 101 Park Ave.,” said Chudnoff.

Connect

Inside The Story

JLL's Chudnoff

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 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).