Sixth Avenue skyscraper adds ‘eagle’ nest with signing of indoor golf company
The once-staid office towe🔥r at 1290 Sixth Ave. is joining the avenue’s fast-growing fun, food and games parade.
Owner Vornado Realty Trust signed a 15,300 square-foot lease with Five Iron Golf, the growing empire of indoor golf simulators and instruction facilities designed “to brin✨g out the golfer in everyone,” as its founders describe it.
The locationဣ, its sixth in🃏 Manhattan, will be open to the public.
Avid golfer Donald Trump owns a 30𝔉% passive stake in 129✤0 Sixth, “But we s🐭🥀uspect he won’t be able to make the opening of Five Iron next year,” an insider quipped.
The latest addition is part of the roughly $45 million in new tenants’ amenities at 1290 Sixth. The 52nd Street entrance will lead ꦛto a concourse-level array of green-lovers’ goodies, including a 6,000 square-foot, state-of-the-art fitness and wellness center, and a 3,000 square-foot ground-floor tenants’ lounge.
Vornado’s plan for 1290 also includes a 12,000 square-foot “tablꦍecloth” restaurant on the West 51st Street side leased to an unidentified outside operator.
The tower also boasts a 230-person “town hall” meeting facility on a 17th floor setback, where Vornado is building a 10,000 square-fo🍸ot pavilion and lands🌠caped terrace.
A Vornado source said the 1𓂃290 Sixth additions reflect a decision to “bring ou💛r work-life features at Penn 1 and Penn 2 north.”
The redeveloped Penn towers near Madison Square Garden have e🎀njoꦡyed rapid leasing success, including a recent 36,000 square-foot deal with accounting firm Weaver & Tidwell.
Although the 43-story tower’s two million square feet are about 90% leased to tenants su𝐆ch as Neuberger Berman, King & Spalding and Cushman & Wakefield, our source said the recent exit of large user AXA made clear the need for the kinds of much-in-demand tenant amenities such as the ones at Penn 1 and Penn 2.
Most office asking rಌents at 1290 Sixth run from $95 to $105 per s﷽quare foot. Terms of the Five Iron lease were not released.
The changes at 1290 are in൲ line with Sixth Avenue’s remarkable revitalization since the days it was considered a bland, corporate corridor interrupted only by Radio City Music Hall.
Office towers north of 42nd Street are now home to restaurants such as STK Steak, Del Frisco’s, Avra, Salt Bae’s Nusr-Et, and soon to be joined by Carnegie Diner — and by something big at 1290 Sixth.
For calorie-free fun, there are the MLB store, an expand🎶ed Brooks Brothers, and Rockefeller Center’s Rough Trade music store.
The corridor’s vacancy rate isও between 10% and 11%, comp♌ared with a Manhattan-wide average of 20%.
