Riverside Risk Advisors Takes Top Floor at 519 Eighth Avenue

NEW YORK—Riverside Risk Advisors L.L.C. has signed a lease to occupy space on the top floor at 519 Eighth Avenue. Stephen Benoit of the Kaufman Organization represented the tenant while Barbara Raskob and Steve Kaufman represented the landlord in the transaction.

Terms of the lease were undisclosed.

The top floor of 519 Eighth Avenue was recently fully renovated and features a private floor for corporate offices and a roof deck with views of the Hudson River, Chrysler and Empire State Buildings as well as the Freedom Tower.

Built in 1927, 519 Eighth Avenue is a 26-story building located in Manhattan’s Garment District. The 349,000-sq.-ft. building is home to tenants including Pearl Studios NYC, Teach for America and Thyssen Krupp Elevator Corp., among others.

Riverside provides advice on the pricing, structuring, execution and documentation of interest rate and current derivatives transactions that are executed with banks, including interest rate and currency swap transactions.

The 26th floor at 519 Eighth Avenue will serve as the firm’s corporate offices.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites