The 1185 Sixth Avenue tower in Midtown Manhattan has officially surpassed the 90% leased milestone, cementing its success in the recent Midtown leasing boom.
The breakthrough came with a significant new lease from Moroccanoil, a luxury hair and body-care company. The 10-year commitment covers 39,799 square feet, encompassing the entire 33rd floor and a portion of the 32nd floor. This deal boosts the tower’s occupancy to 91.5% of its 1.1 million square feet, up from 85% in January. Moroccanoil is relocating from 135 East 57th Street, which is being converted into residential apartments. The asking rent for the space was $118 per square foot.
New Ground-Floor Dining
The tower’s street-level presence is also expanding with the opening of the Carnegie Diner & Cafe on the ground floor. The opening, which had been delayed due to necessary Con Ed gas approvals, marks a vibrant addition to the 47th Street corner.
Carnegie Diner & Cafe is a sister eatery to Delos, a Greek restaurant, which is slated to open in the same high-traffic corner location next month.
Leasing Success
The 1185 Sixth Avenue tower has been a beneficiary of the Midtown leasing surge, securing 180,000 square feet in signed leases throughout 2024. Existing major tenants in the building include Syska Hennessey, the Industrial & Commercial Bank of China, and Hartree Partners.
The deal for Moroccanoil was brokered by a Cushman & Wakefield team representing the tenant and a Newmark team representing the landlord, SL Green.
