Posted 10/22/2023, 4:56:00 PM
Renovated Fifth Avenue Office Tower Hits Leasing Market with Upgraded Amenities and Infrastructure
- Handsome, Beaux Arts-style office tower at 511 Fifth Ave. hits leasing market after renovation
- Owners restored, upgraded and repositioned the 18-story building, formerly home to Israel Discount Bank
- New glass-box lobby, amenities center, elevators and infrastructure make it "basically a brand-new building"
- Asking rents between $70-$85 per square foot for office space, Jeff Sutton handling retail leasing
- Sutton, Aurora Capital, Wharton Properties and ACHS Management teamed up on repositioning