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LCOR

lease beat

Brazilian Investment Bank snags first office in Big Apple.

Plural Capital Heads to 545 Madison Avenue’s Modern Glass Tower

Plural Capital finalized a lease for nearly 4,000 square feet at 545 Madison Avenue, LCOR’s LEED-certified Plaza district building, brokers told The Commercial Observer. Following a flurry of recent leases at the modern glass tower, Plural Capital, a Brazilian financial services firm, took the entire eighth floor, a prebuilt space, in the 142,000-square-foot building. Read More

Finance Firm Leases Push 545 Madison Toward Half-Full

545 Madison Avenue

Financial services firms may be an endangered species, but at least three survivors have found a gleaming glass sanctuary at 545 Madison Avenue.

London-based hedge fund James Caird Asset Management has taken 7,175 square feet for 10 years. Apropos for these sinking economic times, the firm is named after the lifeboat that Read More

Software Firm Becomes Latest Lease in LCOR Gold-en Boy

Need to visualize business applications before they're built? There's an app for that.

Software company iRise, maker of such a project, took 3,600 square feet on the eighth floor of 545 Madison Avenue for five years. The property is an 18-story, gut-renovated tower, developed by LCOR. The Plaza district building is certified LEED Gold.

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How Soon Can You See Green From Building Green?

Jason Black has found that going green can become a habit.

The director of architecture and sustainability for Reckson, a division of SL Green, said the firm began its green initiatives by recycling carpet and ceiling tiles in its suburban office portfolio, then graduated to lighting retrofits and to installing a solar roof on Read More

Plaza District Developers Evoke Disney

From the developers of JFK International Airport's acclaimed Terminal 4 comes “Cinderella Story," a soon-to-be fully revamped office building at 545 Madison Avenue.

Demolition is already under way at Madison and 55th Street, where an existing 17-story building is being stripped down to its frame and redone from scratch to create 140,000 square feet of high-end Read More

John McEnroe’s Tennis Paradise is Getting Aced

John McEnroe plays at Tennisport so much, he even built his own court there. It sits on a peachy chunk of real estate, too: so close to the East River that a shanked ball-or errant racquet-would likely plunk into the passing water. But Mr.McEnroe's court (which cost an estimated $40,000 to build) could soon be Read More


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