Lehman estate to sell stake in 200 5th avenue, rumors of another big tenant looking at the space
The Wall Street Journal reports that the estate of Lehman Brothers Holdings wants to sell its majority ownership in 200 5th Avenue, best known for it’s marquis tenants Eataly, Tiffany & Co., and Grey Group.
And the reader rumor mill suggests one of the ‘Big Four’ talent agencies is looking to move its New York headquarters to the space. The Madison Square Park areas has been booming over the last few years with entertainment and internet startups (Zynga, GroupMe, Bonobos), fashion design houses like Vera Wang, interactive ad agencies, and the headquarters of many prestigious companies moving to the park vicinity (the Whitney museum, Tiffany & Co., and Grey Group).
