JLL Capital Markets has arranged a $62 million preferred equity investment for 51 Astor Place, a 12-story office building in East Village, Manhattan. Designed by Fumihiko Maki, the structure spans approximately 386,000 square feet and occupies a full block bordered by Astor Place, Third Avenue, Fourth Avenue, and East 9th Street.
The view looking south from 51 Astor Place, via 51astor.com.
Completed in 2013, 51 Astor place is LEED Gold-certified and includes amenities such as a fitness center, tenant lounge, conference space, and a private terrace. It is currently leased to a mix of office and retail tenants, including Intuit, Perceptive Advisors, Tudor Investments, and DailyMail.com.
An office space 51 Astor Place, via 51astor.com.
Transit nearby the property includes the 6 train at the Astor Place station and the R and W trains at the 8th Street–NYU station.
The fitness center at 51 Astor Place, via 51astor.com.
“Despite broader uncertainty, investor appetite for institutional-quality office assets has continued to deepen, particularly for newer construction,” said Drew Isaacson, senior managing director at JLL Capital Markets. “As highlighted in JLL’s recent research, top-tier buildings like 51 Astor Place with strong tenancy and limited competitive supply are attracting differentiated capital seeking long-term durability and upside.”
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your second photo shows 26 astor place but is captioned as 51 astor place
Well, it’s the view from 51 Astor Pl. The interns at YIMBY don’t know
My dear fucking god, you two mentally bald dipshits are a clear example of America’s failing education system, basic common sense, and learning to read elementary-level English.
That’s clearly the view from 51 Astor Place 🤦♂️ And oh sure Steve, you think you’re such a smartass dissing YIMBY like that.
Steve and 808909, you guys aren’t the brightest people in the room I [correctly] assume?
As long as they keep the cube sculpture you can spin around if you don’t like the orientation. There are several nice views of the old Wanamaker store building from about 1908 by Daniel Hudson Burnham of Flatiron fame. The new mirror glass buildings at the intersection have really changed the look of the area.
Home of the famous Astor Place Barbershop which sadly had to move to the basement.
Is it still open????