Insignia/ESG to Market 425,000 SF in Solow's W. 57th Street Building

NEW YORK CITY-After tenants such as Avon and J.P. Morgan vacated their spaces at 9 W. 57th St., both of which engaged in litigation over the lease terms upon leaving, 425,000 sf has stood vacant. Now, CEO Stephen B. Siegel is leading Insignia/ESG in its efforts to market the space on behalf of the building’s owner, Sheldon S. Solow. The asking price is reportedly $90 per sf.

J.P. Morgan had occupied approximately 200,000 sf up until about six months ago. Also available are about 90,000 sf. Some of the vacant property within the building has been so for more than a year without clear efforts to promote it to prospective tenants.