Evercore Expands HQs at Park Ave. Plaza to 350,000 SF

Park Avenue Plaza, 55 E. 52nd St./ photo by William Taufic

New York City—Evercore is leasing 350,000 square feet, more than doubling its current space at Park Avenue Plaza, located at 55 E. 52nd St. The international banking advisory firm has agreed with Fisher Brothers to keeps its global headquarters at the Midtown tower through 2034.

Evercore, which currently occupies 150,000 square feet, will expand and consolidate its New York operations in the building as floors become available through 2023. The parties involved with the transaction declined to comment or did not respond to GlobeSt.com regarding additional lease details by the filing of this article. However, industry sources indicate that the rent is in the low-$100s per square foot.