[IMGCAP(2)]According to Steven Durels, EVP and director ofLeasing and Real Property for SL Green, "following itsrepositioning, 521 Fifth Ave. has become a magnet for financialservices tenants and diversified corporate service providers.Enterprise, which provides private money management service, isjust such a tenant. We are delighted to welcome them to ourredeveloped property."
[IMGCAP(3)]In December, Durels told GlobeSt.com that askingprice today is $72 per sf, versus $45 per sf prior to therepositioning at the 521 Fifth Ave. property. Built in 1929, the39-story 462,853-sf building's other tenants include Starz MediaInc, a programming production and distribution company; HiscoxInc., a UK reinsurance firm; and Sextant Search Partners, anexecutive search firm. Circuit City Stores Inc. is the ground andsecond floor retail anchor occupying a total of 25,866 sf.
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