Palistar Capital Signs Lease For 13,800 Square Feet At 45 Rockefeller Plaza In Midtown Manhattan
45 Rockefeller Plaza
Building Size
3,800 SF
Asset Type
Office
Closing
Oct 9, 2025
AI
The property asset involved is an office space located at 45 Rockefeller Plaza, situated in the Midtown Manhattan market. The total square footage of the leased space is 13,800 square feet, which Palistar Capital is moving to from their current 8,000-square-foot space at 600 Fifth Avenue.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 45 Rockefeller Plaza
- Market: Midtown Manhattan
- Square Footage: 13,800
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: Palistar Capital
- Tenant's Representative: Silvio Petriello, Timothy (Tim) Freydberg - CBRE
- Landlord's Representatives: Blythe Kinsler, Samantha Augarten, Bennett Epstein - Tishman Speyer
This lease transaction highlights the involvement of key figures such as Rob Speyer representing the landlord side from Tishman Speyer, while Silvio Petriello and Timothy Freydberg from CBRE represent the interests of Palistar Capital in securing this expanded office space.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93