250 W. 57th St. lobby 250 W. 57th St. lobby/ (Image provided by Empire State Realty Trust.)

NEW YORK CITY—RZO, one of the music industry’s best-known management firms, is staying in Midtown West, moving within the building at 250 W. 57th St. The music managers of the Rolling Stones, U2, Sting, the estate of John Lennon, Shania Twain and David Byrne has leased from Empire State Realty Trust the entire 23rd floor, occupying 12,600 square feet. It will be consolidating its offices, relocating from space on three lower floors within the building.

The Commercial Observer reported that RZO had been in the building for 15 years, the asking rent was $74 per square foot for a 10-year lease, and the move will occur in fall 2018.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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