Forest Hills Financial Group Signs 10-Year Lease At 535 Fifth Avenue, NY

535 5th Ave New York, NY 10017, USA

$65

$65/SF

Building Size

7,175 SF

Asset Type

Office

Closing

Jul 13, 2023

AI

The Moinian Group has leased 7,175 square feet of office space at 535 Fifth Avenue in Midtown Manhattan, New York. The lease term is for 10 years at an asking rent of $65 per square foot.

Summary of Transaction Details:

Property Type: Office
Address: 535 Fifth Avenue
Market: New York
Landlord: The Moinian Group
Tenant: Forest Hills Financial Group
Brokers: Mitchell Arkin & Will Yeatman - Cushman & Wakefield; James Cassidy - DHCRealEstateServices; Robert Gallucci - Colliers International
Asking Rent: $65/ft
Lease Term: 10 years

Forest Hills Financial Group, a subsidiary of The Guardian Life Insurance Company of America, will be relocating its offices from 122 East 42nd Street to 535 Fifth Avenue. The move comes as they have signed a lease for the 7,175 square feet of office space in Midtown Manhattan.

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