Full-service commercial real estate firm ABS Partners Real Estate, LLC. today announced its appointment as the leasing agent and property manager for 145 E 57th Street, an office and retail building in the Plaza District known as the Hammacher Schlemmer Building.
“The ABS team is delighted to participate in the further development of a NYC landmark. 145 East 57 th Street has been transformed into a first-class, state-of-the-art workspace that is ready to serve the needs of current and prospective tenants,” said Gregg Schenker, president of ABS Partners. “The building’s bright floors bring in light on four sides and offer flexibility to create ideal arrangements and configurations. The building’s zoning also allows for many uses, including residential, commercial and hotel. Our planned office upgrades include ultra-high-quality glass partitioned space for tenants seeking a boutique, full-floor office in the Plaza District with an impressive presentation.”
"145 East 57 th Street has been transformed with more than $10 million recently invested in restoration improvements, including three new high-speed elevators, a modern marble-finished lobby and the creation of a penthouse with column-free floors, tilt-and-turn windows, four sides of light, 12-foot ceilings and a large roof deck. The penthouse will be the showcase of our broker’s open-house event in December,” added Robert Finkelstein, executive managing director at ABS. “The building currently has four floors of available office space that are ideal for family offices, foundations and private equity firms. ABS is ready to accommodate their specialized needs by creating a built-to-suit, high-quality environment.”
The 12-story property, totaling 64,000 square feet, is just east of Manhattan’s Billionaire’s Row and was recently acquired by new ownership, which is highly attuned to working with the brokerage community and servicing the needs of tenants.
According to Alex Kaskel, a director at ABS, "The building’s interior installations will be spectacular, with some built in advance and modified when necessary. I am looking forward to providing excellent service to our tenants with an ongoing high-quality work environment in a building with a rich history, serving as the flagship location for the world-renowned Hammacher Schlemmer department store for the past 90 years.”
Located near many of the most valuable apartments in the world, fine dining and a prestigious luxury retail corridor, the building attracts a wide variety of tenants seeking a highly-trafficked, central office location. 145 East 57 th Street is close to the tram to the new Cornell campus on Roosevelt Island and is a short walk to the major East Side medical institutions. The property is easily accessible by the 4/5/6/N/Q and R subway lines, multiple MTA bus lines, the East Side heliport, FDR Drive and the Ed Koch Queensboro Bridge.
For inquiries about 145 East 57 th Street and its leasing availabilities, please contact Robert Finkelstein at rfinkelstein@absre.com or akaskel@absre.com or www.absre.com.