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Private Equity Firm’s Relocation Brings 10 Bryant to 100% Leased

Private equity firm 17Capital will relocate from One Vanderbilt to occupy a full floor at 10 Bryant, a Midtown Manhattan office tower at 452 Fifth Ave. owned by Property & Building Corporation Ltd. (PBC). The transaction, which doubles 17Capital’s footprint to 16,298 square feet, brings 10 Bryant to full occupancy as ownership prepares to begin marketing the base of the property that will become available in 2025 as a headquarters opportunity.

PBC-US CEO Eli Elefant said, “The arrival of 17Capital is a tremendous endorsement of 10 Bryant’s status among New York’s trophy office towers. Our planned repositioning will ensure the property remains among the city’s most sought-after office destinations for many years to come.” 

A JLL team of vice chairman Paul Glickman, executive managing director Ben Bass, SVP Kristen Morgan and senior associate Kate Roush represented ownership. “The recent leasing momentum at 10 Bryant highlights the value and benefits it offers tenants,” said Glickman.

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JLL's Glickman

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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