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One Bryant Park Nears Capacity: Investment Firm Pays Ginormo-Bucks for Office Space

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May 28, 2008 | 12:05 p.m
<br /> (Gabriela Barnuevo.)
Gabriela Barnuevo.

One Bryant Park, the Durst Organization's sparkling new skyscraper on Sixth Avenue, has just leased 7,300 square feet to a tenant who is clearly what real estate types would call "price insensitive."

Apex Capital Management, a private investment firm based in Hong Kong and New York, agreed to pay more than $160 per square foot for the lease on the 37th floor. In so doing, the group snapped up one of the last remaining spaces in the 54-story, green building anchored by Bank of America.

According to a source familiar with the tower, aside from a few minor scraps here and there, only one big chunk of space remains to be leased just weeks after its first tenants moved in -- a 31,000-square-foot space, also on the 37th floor.

Congrats to Durst's in-house brokers, Eric Engelhardt and Tom Bow, and to Apex's brokers from GVA Williams, Richard Plehn and Greg Wang, on the deal.

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