Association to Relocate New York Office to Iconic Central Park District Tower
Fisher Brothers announced today that it has signed a new 29,827-square-foot lease with the Association of International Certified Professional Accountants (AICPA) at 1345 Avenue of the Americas, its signature Midtown Manhattan office tower overlooking Central Park.
Under the 15.5-year lease, AICPA will occupy the majority of the 27th floor. The association, which represents the interests of more than 650,000 CPA’s and students worldwide, is relocating its New York office from 1211 Avenue of the Americas in October 2018.
“We are thrilled that we could accommodate AICPA for its seven-block journey up Sixth Avenue,” said Fisher Brothers Partner Winston Fisher. “In addition to its desire to remain in this premier office destination, we believe AICPA was drawn to 1345 Avenue of the Americas for its transformed lobby and entrance, reimagined outdoor plaza, and planned amenity center.”
Fisher Brothers is in the final stages of its wide-ranging $65 million capital improvement program at 1345 Avenue of the Americas. The renovation plan has been designed to cultivate an environment reflective of the tower’s prestigious position as the first office tower located south of Central Park on the Sixth Avenue corridor.
With the help of architectural firm SOM, Fisher Brothers has reinvented the lobby with a fresh, cutting-edge design and created a dynamic new main entrance. The firm is also completely transforming the building’s outdoor spaces with a new plaza and landscaping program and modernizing and redesigning the elevators.
In addition to the renovations, Fisher Brothers is in the process of expanding and refreshing the building’s amenities program. Designed by the Rockwell Group, a brand new amenity center will incorporate conference spaces, a state-of-the-art fitness facility, stylish lounge area, and grab-and-go food concept on the concourse level of the tower.
The renovation of 1345 is one of the final pieces of Fisher Brothers’ $165 million asset renewal program across its entire 5.5 million-square-foot Midtown office portfolio.
AICPA was represented by Ken Patton, Tucker Farman and Ellen Herman of JLL. Fisher Brothers was represented in-house by Marc Packman and Clark Briffel, as well as by Cynthia Wasserberger and Betsy Buckley of JLL.
Located between West 54th and 55th Streets, 1345 Avenue of the Americas is a 50-story, two-million square foot tower designed by Emery Roth & Sons, and owned by Fisher Brothers and institutional investors advised by J.P. Morgan Asset Management. In addition to the expansive views of Central Park, the occupants of the tower benefit from an on-site garage, state-of-the-art security, and close proximity to Fortune 500 neighbors and some of the city’s finest hotels and restaurants.
About Fisher Brothers
For more than a century, Fisher Brothers has epitomized excellence in commercial and residential real estate development, ownership and management. Fisher Brothers built and continues to own and operate a sterling commercial real estate portfolio encompassing seven million square feet of Class A office space located in such iconic towers as Park Avenue Plaza, 299 Park Avenue, 1345 Avenue of the Americas and 605 Third Avenue in Manhattan, as well as Station Place, which is Washington, DC’s largest private office complex. In Las Vegas, Fisher Brothers is developing AREA15, a first-of-its-kind experiential and interactive, retail, dining and nightlife complex. Fisher Brothers also has returned to its roots as a residential builder with nearly 1.5 million square feet in recent and ongoing development. In early 2015, Fisher Brothers celebrated the completion of Station House, a luxury rental development in Washington’s historic Capitol Hill District. In Manhattan, Fisher Brothers has recently completed development of House 39, an amenity-rich building at 225 East 39th Street and is developing 111 Murray, an ultra-luxury, high-rise condominium tower in Tribeca.
