Friday, August 04, 2006
Lois Weiss says that 9 W. 58th Street is highly sought after...
Sheldon Solow, the grand poohbah of 9 W. 57th St., won't even allow a tenant to view availabilities in his "Country Club" property before reviewing their financials.
That's why Dallas-based Highland Capital Management was thrilled to make the cut and will soon make a grand entree into a 12,100 foot, fully-built spread on the 38th floor that starts at $150 a foot.
Highland, here since 2003 at temp offices at 245 Park Ave., sought grand new offices for a year with Ben Friedland and Sacha Zarba of CB Richard Ellis. They toured competing buildings and spaces, including Solow's vacant top floor, but were discouraged by the true lack of choices and possible months of slogging through a build-out.
But the Clinton Group wanted to consolidate on the 26th floor and building agents Peter Turchin and Steve Siegel of CB Richard Ellis made the elegant quarters available as a direct deal to Highland, complete with Central Park views, furniture and phones and its double door entrance off the elevator. CBRE declined comment.
Lois Weiss: Frenzy of Interest