Silvercrest Asset Management signed a 15-year lease for the entire 12th floor at 1345 Avenue of the Americas, according to Commercial Observer.
The independent wealth management firm is taking 40,764 square feet at the 49-story Midtown office tower. The deal reflects Silvercrest's relocation to the Plaza District, with the move expected to be completed in mid-2027. The reported asking rent at the building is $120 per square foot.
Located at 1345 Avenue of the Americas, the property offers Silvercrest a new Midtown Manhattan home for its growing operations and a long-term commitment in one of the city's established office submarkets.
Tenant: Silvercrest Asset Management
Building: 1345 Avenue of the Americas
Floor: 12
Lease term: 15 years
SF: 40,764