Alston & Bird Signs 15-Year Lease For 169,664 Square Feet At 51 West 52nd Street
51 West 52nd Street
Building Size
169,664 SF
Asset Type
Office
Closing
Jun 25, 2026
AI
The property involved in this transaction is an office asset located at 51 West 52nd Street in Manhattan, encompassing a total square footage of 169,664. Alston & Bird has signed a lease, and the building has achieved full occupancy with this new agreement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not stated
- Lease Terms: 15-year lease
- Landlord: Jordan E. Slone - Harbor Group International
- Tenant: Alston & Bird
- Landlord's Representative: Howard Hersch, Greg Conen, Scott Klau, Erik Harris, Jennifer Schreiber & Zach Weil - Newmark
- Tenant's Representative: Brad Wolk, Matthew Barlow, David Goldstein, Joe Learner, Matthew Brainard & Laura Whelan - Savills
This transaction highlights the involvement of multiple brokers representing both the landlord and tenant, with the landlord's team comprising professionals from Newmark and the tenant's team from Savills. The move marks Alston & Bird's relocation from its previous offices at 90 Park Avenue.
West End Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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