News: Brokerage

Forest Hills Financial leases 7,175 s/f at Moinian’s 535 Fifth Ave. building

Manhattan, NY The Moinian Group completed a long-term, full-floor lease at 535 Fifth Ave. with Forest Hills Financial Group, Inc. taking the entire 13th floor.

Opening a new office, Forest Hills Financial Group, a subsidiary of The Guardian Life Insurance Co. of America, leased 7,175 s/f, with plans to occupy in Q1 2024.

“The new lease at 535 Fifth Ave. further showcases that credit tenants are seeking high-end build-outs in prime locations,” said Omar Sozkesen, vice president, commercial leasing for The Moinian Group, which is celebrating its 40th year in operation. “Forest Hills Financial Group was drawn to a turnkey installation in the heart of Manhattan.”

Mitchell Arkin and Will Yeatman, of Cushman & Wakefield, and James Cassidy of DHC Real Estate Services represented ownership in the new transaction. Robert Gallucci, of Colliers International, represented the tenant.

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