COMMERCIAL
Northwell Leases 12K SF at 115 East 57th Street
Commercial Observer | Dec 14, 2022
COMMERCIAL
Northwell Leases 12K SF at 115 East 57th Street
Commercial Observer | Dec 14, 2022
Northwell Health, the biggest health care provider in New York state, took 12,000 square feet at 115 East 57th Street, Commercial Observer has learned.
The health care provider signed a 10-year lease for the entire 10th floor of the building, also known as Plaza 57 Medical, with plans to move in the third quarter of 2023, according to landlord The Moinian Group. Asking rent was in the low $70s per square foot.
Northwell will use the spot as medical offices, as well as to treat patients, and has already moved into about 4,000 square feet of temporary space in the property while it waits for the buildout of its bigger digs.
“They were looking for turnkey space in Midtown Manhattan to provide easy and convenient access to their staff,” Ted Koltis, executive vice president of commercial leasing for The Moinian Group, said in a statement.