About the Building

Like numerous nearby buildings, 680 Fifth Avenue was an attempt to suggest the austere limestone cladding of Rockefeller Center. Completed in 1957 to plans by Egger & Higgins with Marazio & Morris, it was originally known as Canada House. Now known as Buchmann Tower, 680 Fifth Avenue’s lower floors have been decked out in a Postmodern treatment that is not without charm.

680 Fifth Avenue stands today as one of the premier office buildings in Manhattan’ Plaza District. The tower is located near the coveted Central Park South being just minutes away to the north; nestled amongst many of the city’s landmarks such as; Carnegie Hall, and Rockefeller Center.

In recent time the property has modernize its spaces and continues to enjoy its relationships with many of its long-term tenants.

This New York location has provided many here a powerful reflection of their company’s brand which in turn has served as a strong foundation for success.

The building enjoys a great reputation of class and service, with decades of white-glove attention from this landlord is a perk that can not be duplicated. This has been further enhanced by its reputation for; favorable lease terms – including low base rent, free rent, and construction concessions from the landlord, in total all of these elements optimize the value of any new lease.

Being a well-run building – this has been the key the building’s tenant loyalty over the years!

Building Features

• Class A Office Tower
• Property Size 230,787 sf
• 27 Stories
• (5) Passenger Cars and (1) Freight Car
• Newly renovated common spaces
• Security — 24 hours, 7 days a week (Web-based Visitor Management & Security System)
• New Web-based visitor management and security system
• Located on the SW corner of Fifth Ave. and 54th Street.
• Subway access to the E & M line on 53 Street and 5th Avenue.
• Abundant nearby retail and restaurant options
• Building managed by Valor Capital Partners LLC

Tenants who do and have called 680 Fifth Avenue their home

• Montag Group
• Cotton Hall Asset Management
• Bronfman
• Activity
• Pure Growth Partners
• Highbrook Investment Management
• Argent Management
• Winter Organization
• The United States Life Insurance Company in the City of New York
• Gen Partners
• Mikimoto America (12,785 SF.) iconic fine jewelry brand
• Lighthouse Investment
• La Prairie (9,400 SF.; entire 11th floor, 13th and 14th floors)
• Confidas Capital USA (1,800 SF. 10-year lease on the 19th floor)
• JEN Partners, LLC (25th Floor)
• Alpine Capital Bank (7th Floor)
• Emso Asset Management (3,820 SF.)
• NitroC Group (2,637 SF.)
• GAP (1st floor Retail)
• Alpine Capital Bank (212) 328-2555
• Kenmar Olympia (19th Floor)
• StHealth Capital Investment Corp (21st Floor)
• Columbia Care Inc. (24th Floor)
• Lampe, Conway & Co. LLC (12th Floor)
• Norton-Behr-Manning Overseas, Inc.

Data / Internet Providers

• Lightower Fiber 10 Gb/s 10 Gb/s
• Level 3 Communications Fiber 10 Gb/s 10 Gb/s
• Cogent Communications Fiber 10 Gb/s 10 Gb/s

Transportation
• the E, M train lines at the Fifth Avenue – 53rd Street Subway Station within 2 min of walking.
• F train lines accessed at the 57 Street Subway Station within 7 min of walkingg.
• N, Q, R train lines accessed at the Fifth Avenue -59th Street Subway Station within 7 min of walking.
• E, M train lines accessed at the Lexington Avenue-53rd Street Subway Station within 7 min of walking.
• 4, 6 train lines accessed at the 51 Street Subway Station within 9 min of walking.

Near By Assets and Resources
The surrounding neighborhood offers a tremendous range of sophisticated dining and cultural destinations.

The office tower is adjacent to The Museum of Modern Art, opposite the University Club and Fendi, one block south of The Peninsula Hotel and just north of Rockefeller Center.” Fifth Avenue is amazing and has great assets and tremendous cultural forces such as the Museum of Modern Art, St. Patrick’s Cathedral, which is a beacon, and Central Park.

Overall Fifth Avenue has been associated with NYC’s begone guided age whereby the renowned names such as Vanderbilt, Astor, Frick and Clay built their empire. In the passage of years wealth concentrated itself mainly between 49th and 50th Streets – its there that the minted millionaire and the affluent shopped and dined – which institutional names such as Bergdorf Goodman, Cartier, Louis Vuitton, Saks Fifth Avenue, and Van Cleef & Arpels.

This consensus spread around the world – which then became the template for this luxury thoroughfare.

TODAY / NOW

There stands today a looming group of potential tenants looking to step up to the area’s lowering rents. There is something for everyone; as landlords have also been forced to reconfigure a range of spaces to meet today’s newer needs.

Fifth Avenue is still relevant as a commercial retail destination, but the way people relate to stores has changed and is still evolving People understand that with an environment like Fifth Avenue, there’s such a limited opportunity to be there. Each tenant changes the mix so slightly, so if one isn’t right, it’s not going to taste as well

What remains a constant is the tremendous volume of business you can do on Fifth Avenue. That’s especially true for luxury brands! It’s a testament to New York itself and the quality of the cultural offerings and the work of talents on the international stage. New York keeps innovating and it wants Fifth Avenue to be a part of that trend.

The corridor is typically a prized and pricey spot to locate a shop alongside the longtime homes of famed luxury department store Bergdorf Goodman, jeweler Tiffany & Co. and the Plaza Hotel

The economic fallout from the pandemic has made leasing rates more complicated. The reduced demand for space has forced landlords to cut prices. There are some tenants who have signed new deals, lured by bargain rents. Spanish fast-fashion chain Mango secured a substantially discounted sublease from Ralph Lauren, according to people familiar with the matter.

Just a block up, luxury jeweler Harry Winston recently agreed to expand into a neighboring space at 712 Fifth Ave., the former Henri Bendel store.

If you would like to learn more about the possibilities that Fifth Avenue has to offer – contact us at no obligation!