by Howard Morrel & Leslie Hirsch

eFrak’s iconic office tower at 40 West 57th Street continues to lead the pack, securing 82,000 square feet in new and renewal leases and keeping its reputation as one of Midtown Manhattan’s most prestigious addresses intact.
Luxury Meets Landmark
Italian cashmere powerhouse Loro Piana has signed a 25,000-square-foot lease for the entire 21st floor, making a grand move from 711 Fifth Avenue. This milestone isn’t just a new chapter for the brand—it’s a bold statement for Billionaires’ Row!
And the buzz doesn’t stop there. Other significant deals include:
- Lee Equity Partners is expanding and extending their lease to 25,000 square feet.
- A 14,231-square-foot new lease for MHR Fund Management.
- Extensions for Two Creeks Capital Management (13,487 square feet).
- Andalusian Sports Advisors joining the fold with 4,250 square feet.
Looking Ahead
While Elliott Management plans to vacate its spaces in July 2026 for a larger, 150,000-square-foot setup at 280 Park Avenue, LeFrak is already stepping up its game. A sweeping renovation will include:
- A reimagined lobby by KPF.
- Modernized elevators for a seamless ride.
- A second-floor amenities center featuring a landscaped terrace and a café, with the culinary magic of Nobu as its star attraction.
Billionaires’ Row Never Looked Better
These updates reaffirm 40 West 57th Street as the go-to address for businesses that value prestige, location, and innovation.
All the best,
Howard Morrel & Leslie Hirsch
Christie’s International Real Estate Group
(212) 956-4823
mha@christiesrealestategroup.com