"This is an opportunity for small and mid-sized tenants toestablish a full-floor identity in a great office building in ahighly desirable location," Danielle Zimbaro, a senior director atC&W, says in the release. Zimbaro and her C&W colleagues,Josh Goldman and David Berke, are marketing the 42,000 square feetof office space on behalf of owner Zar Property NY, which boughtthe 64,000-square-foot property from JPMorgan for a reported $18.3million this past December.

The available office space includes six floors of approximately7,000 square feet apiece. JPMorgan's executive lending departmenthad previously occupied the building, and each floor is fullybuilt-out and in move-in condition, according to C&W. Thebanking giant has leased back the retail portion of 349 Fifth,comprising the first two floors.

"We will consider all offers and expect strong interest from awide variety of industries," David Zar, managing principal of ZarProperty, says in the release. The investment firm, which owns fourmillion square feet of commercial and residential propertynationwide, is currently renovating the 106-year-old property witha new lobby and new elevator cabs. Zar's other Manhattan holdingsinclude 64-68 Wooster St., 38 Green St., 42 and 50 Greene St. andthe retail condominium at 62 Thomas St., which includes therestaurant Megu.