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26 North and Mack Real Estate Group sign new leases at LeFrak Tower

CBRE said the two office deals total 104,750 square feet at 40 W. 57th St., with 26 North taking 84,000 square feet on a 13-year term.

Reported · Written up by our desk · Commercial

CBRE has completed two new office leases totaling 104,750 square feet at 40 W. 57th St., an office tower owned by LeFrak, according to ConnectCRE.

Alternative investment management firm 26 North signed an 84,000-square-foot lease for 13 years and plans to relocate its operations from 600 Madison to four full floors at the LeFrak property.

Mack Real Estate Group committed to 20,750 square feet, relocating from 60 Columbus Circle and taking part of the 17th floor, in space previously built out for A&E Real Estate, which is taking another portion of the building.

ConnectCRE said the leasing effort included LeFrak’s Adam Silfen, Meredith Jackness and Stephanie Allan and CBRE’s Howard Fiddle, Evan Fiddle, Ben Joseph, Arkady Smolyansky and Sam Seiler, with Newmark representing 26 North and Savills and Newmark representing Mack REG.

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