Two investment firms have leased new offices at the same Midtown building.<\/p>\n
In the largest deal, Silvercrest Asset Management<\/a>, an independent wealth management firm, signed a 15-year, 41,000-square-foot lease on the entire 12th floor of Fisher Brothers<\/a>\u2019 1345 Avenue of the Americas, while i80 Group<\/a> signed a 10-year lease for roughly 17,000 square feet on the 18th floor, according to the landlord.<\/p>\n SEE ALSO: Bank of India, Global Investor IQ-EQ Sign Leases at 1212 Avenue of the Americas<\/a><\/p>\n Fisher Brothers did not disclose the asking rent for the 49-story office tower, but the average office asking rent for Midtown in the second quarter of 2026 was $86.18 per square foot, according to a report from CBRE<\/a>.<\/p>\n \u201cWe\u2019ve seen strong leasing activity across our New York office portfolio, underscoring the strength of the city\u2019s office market,\u201d Ken Fisher, a partner at Fisher Brothers, said in a statement. \u201cAt 1345 Avenue of the Americas, that momentum reinforces the building\u2019s position at the top of the market and demonstrates what disciplined, long-term ownership can accomplish.\u201d<\/p>\n Clark Briffel and Jason Vengilio handled negotiations on behalf of Fisher Brothers in-house alongside a CBRE team of Howard Fiddle, Peter Turchin, Gregg Rothkin, Ben Joseph, Bill Iacovelli and Charles Laginestra.<\/p>\n CBRE also represented the tenants, with Silvio Petriello representing Silvercrest and Hugh McDonald representing i80 Group.<\/p>\n CBRE did not immediately respond to a request for comment.<\/p>\n Silvercrest and i80 Group both seem to be relocating a block north from 1330 Avenue of the Americas and will complete the move in mid-2027, according to Fisher Brothers.<\/p>\n Other tenants at 1345 Avenue of the Americas include law firm Paul, Weiss, Rifkind, Wharton & Garrison, which expanded to its current 849,672 square feet in July 2025<\/a>, while another law firm, Ellenoff Grossman & Schole, grew to 59,600 square feet in January 2025<\/a>.<\/p>\n