Robert Khodadadian – Commercial Observer

Los Angeles-based asset management firm Silver Rock Financial is moving its New York offices to 8,652 square feet at 575 Madison Avenue.

Currently located at 430 Park Avenue, Silver Rock will move into the entire 25th floor — the very top — of the Steinberg & Pokoik Management-owned building on the corner of East 57th Street and Madison Avenue, according to landlord broker CBRE.

The brokerage did not disclose the terms of the deal.

“575 Madison Avenue is a true gem for those tenants seeking one of the most compelling economic alternatives to be in the highly sought-after Plaza District,” CBRE’s Gregg Rothkin, who represented the landlord with David Hollander, Caroline Merck, Brad Auerbach, Justin Greenstone and William Hooks, said in a statement. “The double-wide streets at 57th and Madison allow for great natural light throughout the entire building.”

Steven Kaufman of Hanley Advisors negotiated on behalf of the tenant. Hanley Advisors did not respond to a request for comment.

Other tenants on the office side include Rock Mountain Capital, a private equity firm, while some of the tenants leasing retail space at the base of the building are Breitling, Vacheron Constantin, Oliver Peoples and First Republic Bank.

Mark Hallum can be reached at mhallum@commercialobserver.com.

Los Angeles-based asset management firm Silver Rock Financial is moving its New York offices to 8,652 square feet at 575 Madison Avenue. Currently located at 430 Park Avenue, Silver Rock will move into the entire 25th floor — the very top — of the Steinberg & Pokoik Management-owned building on the corner of East 57thRead MoreChannel, Leases, Office, 430 Park Avenue, 575 Madison Avenue, CBRE, Silver Rock Financial, Steinberg & Pokoik Management  Commercial Observer Read More 

Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.

Robert Khodadadian, properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, Commercial Observer, Retail For Lease, Commercial Observer,

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