Fifth Third Bank Expands Lease At 50 Rockefeller Plaza To 32,347 SF Through February 2034
50 Rockefeller Plaza
Building Size
32,347 SF
Asset Type
Office
Closing
Sep 14, 2026
About this deal
AI
The asset involved in this lease transaction is an office space located at 50 Rockefeller Plaza in Manhattan, comprising a total of 32,347 square feet. This property is under the management of Tishman Speyer.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 50 Rockefeller Plaza
- Market: Manhattan
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: Fifth Third Bank
- Landlord's Representative: Blythe Kinsler - Tishman Speyer
- Tenant's Representatives: Joseph Cabrera, Kevin Torch & Michael Ciotta - CBRE
This transaction marks Fifth Third Bank's expansion at Tishman Speyer’s 50 Rockefeller Plaza, increasing their occupied space by approximately 11,000 square feet, with the lease commitment extending through February 2034.
Players
New York 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