{"id":66544,"date":"2025-12-10T10:17:15","date_gmt":"2025-12-10T10:17:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/66544\/"},"modified":"2025-12-10T10:17:15","modified_gmt":"2025-12-10T10:17:15","slug":"vornado-brings-two-new-office-tenants-to-1290-sixth-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/66544\/","title":{"rendered":"Vornado Brings Two New Office Tenants to 1290 Sixth Avenue \u2013 Commercial Observer"},"content":{"rendered":"

Two business consulting firms have taken a total of 93,000 square feet at Vornado Realty Trust<\/a>\u2019s office building at 1290 Sixth Avenue.<\/p>\n

Portage Point Partners<\/a> has taken 55,000 square feet, while Protiviti<\/a> signed a lease for 38,000 square feet.\u00a0<\/p>\n

SEE ALSO: Law Firm Wolf Popper Signs 13K-SF Lease at 570 Lexington Avenue<\/a><\/p>\n

Portage Point Partners is taking portions of the eighth and ninth floors for 10 years at an asking rent of $98 per square foot, according to sources familiar with the deal. The company is relocating from a 22,000-square-foot sublease at Vornado\u2019s 640 Fifth Avenue.\u00a0<\/p>\n

Protiviti\u2019s space, on a portion of the building\u2019s 11th floor, is also on a 10-year lease at an asking rent of $98 per square foot, and is also a relocation from another Vornado property, this time from 888 Seventh Avenue. Protiviti had previously moved to 888 Seventh Avenue from 1290 Sixth Avenue.\u00a0<\/p>\n

Portage Point Partners was represented by Gary Davies and Kevin McLennan at CBRE<\/a>. Protiviti was represented by Ben Bass, Lance Yasinsky and Mitch Konsker at JLL<\/a>. Vornado was represented in-house on both leases by Ryan Levy, Cooper Grossman and Edward Riguardi, along with a Cushman & Wakefield<\/a> team led by Josh Kuriloff and Bruce Mosler.<\/p>\n

The new leases put the building at over 90 percent leased, according to the New York Post<\/a>, which was first to report the new leases.\u00a0<\/p>\n

The renewals come on the heels of Vornado\u2019s $45 million LEED Gold renovation of the building, which included a new lobby designed with Italian marble and a ground-floor fitness center and lounge. Upgrades also included a massive 17th-floor amenities program, set to open in January, which will include a 10,000-square-foot outdoor space and a 15,000-square-foot, double-height lounge and meeting area for tenant use that can hold up to 230 people.<\/p>\n

Vornado owns 70 percent of the building, while the Trump Organization<\/a> holds a passive 30 percent stake.<\/p>\n

The 43-story, full-block building between 51st and 52nd streets, initially constructed in 1963 by Emery Roth & Sons, offers over 2.1 million square feet of space.\u00a0<\/p>\n

In the midst of Manhattan\u2019s ever-shifting post-pandemic office leasing woes, Vornado has had good fortune with 1290 Sixth Avenue. Law firm Selendy Gay Elsberg (now Selendy Gay PLLC<\/a>), which had been subleasing 75,000 square feet on the building\u2019s 17th and 18th floors, moved to a direct lease and expanded in October 2023 to 101,000 square feet across the building\u2019s 18th through 21st floors, as Commercial Observer reported at the time<\/a>.\u00a0<\/a><\/p>\n

In January 2024, law firm King & Spalding<\/a> signed a lease for 175,000 square feet in the building across the 13th through 15th floors, as CO reported<\/a>, also mentioning that investment management firm Neuberger Berman<\/a> held around 400,000 square feet at 1290 Sixth.\u00a0<\/a><\/p>\n

In January 2025, CO reported<\/a> that investment manager Oaktree<\/a> took the building\u2019s entire 12th floor, for 79,000 square feet.\u00a0<\/a><\/p>\n

Other office tenants in the building include law firm Bryan Cave Leighton Paisner<\/a>, Columbia University, Fubo TV, Hachette Book Group<\/a> and law firm Linklaters<\/a>. Retail tenants include Five Iron Golf, Just Salad, Simo Pizza, Starbucks and TD Bank.<\/p>\n

Portage Point Partners, Protiviti and C&W did not immediately respond to requests for comment, and Vornado declined to comment.<\/p>\n

Larry Getlen can be reached at lgetlen@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Two business consulting firms have taken a total of 93,000 square feet at Vornado Realty Trust\u2019s office building…\n","protected":false},"author":2,"featured_media":66545,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[34658,34659,34660,34661,26045,19817,34662,34663,34664,34665,26052,34666,34667,34668,34669,2361,75,84,83,34670,9,24,63,2362,34671,34672,14094,34673],"class_list":{"0":"post-66544","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-manhattan","8":"tag-1290-sixth-avenue","9":"tag-640-fifth-avenue","10":"tag-888-seventh-avenue","11":"tag-ben-bass","12":"tag-bruce-mosler","13":"tag-columbia-university","14":"tag-cooper-grossman","15":"tag-edward-riguardi","16":"tag-five-iron-golf","17":"tag-fubo-tv","18":"tag-gary-davies","19":"tag-josh-kuriloff","20":"tag-just-salad","21":"tag-kevin-mclennan","22":"tag-lance-yasinsky","23":"tag-leases","24":"tag-manhattan","25":"tag-manhattan-headlines","26":"tag-manhattan-news","27":"tag-mitch-konsker","28":"tag-new-york","29":"tag-new-york-city","30":"tag-nyc","31":"tag-office-leases","32":"tag-ryan-levy","33":"tag-simo-pizza","34":"tag-starbucks","35":"tag-td-bank-channel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/66544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=66544"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/66544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/66545"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=66544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=66544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=66544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}