Global investment and technology development firm will remain on seven floors in the 458,446-square-foot Class A, luxury office tower

Steven M. Levy, Principal of Kamber Management Company announced a 12-year, 77,000-square-foot early renewal lease for global investment and technology development firm D.E. Shaw across seven upper floors at Tower 45, the 458,446-square-foot Class A, luxury office tower located at 120 West 45th Street in the heart of Midtown Manhattan.

“Having an institutional, global firm like D.E. Shaw as the anchor tenant for Tower 45 is an honor, and we are thrilled that this prestigious company will be remaining in the building for the next 12 years,” Levy said. “We thank both our leasing team, Arthur J. Mirante II, Principal and Tri-State President, Mitti Liebersohn, President and Managing Director – NYC Operations, and John Ryan III, Principal of Avison Young, and D.E. Shaw’s agents, Timothy Dempsey, Roger Griswold and Munish Viralam of CBRE, for their good work in helping us complete this transaction.”

In 2016, Tower 45 became the first-Class A office building in Manhattan to install AtmosAir™ air purification technology throughout, which contributes to a healthier office environment by reducing the spread of airborne viruses, including corona, and bacteria that pass through normal filtration systems. It restores indoor air to the quality found at the top of mountain ranges. The building offers customized pre-built suite spaces ranging from 1,500 to 6,500 square feet, as well as full floors of approximately 10,000 to 13,000 square feet.

Ryan of Avison Young added, “We were pleased to represent Steve and Tower 45 on such a significant transaction, which was executed during an uncertain time in the market. This early renewal validates the commitment Kamber Management Company has made to the building through its multi-million-dollar capital program that has included upgrades to the building infrastructure, reimagined common areas and a new lobby.”