Activity at 521 Fifth Avenue
Earlier this week, the Commercial Observer reported
that CFC Capital, a Stamford, CT based firm, signed a 10-year lease for the 21st floor of 521 Fifth Avenue. The rent CFC will be paying is in the low-$60s PSF, in line with the mid-$60s PSF starting rent Getnick & Getnick signed for back in December. Earlier last year, Mortgage Industry Advisory subleased the entire 9th floor (20,987 SF) for rent around $40 PSF from Anvil Knitwear.