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Jack Resnick & Sons today announced a new 11-year, 13,284-square-foot lease with leading investment firm Quest Partners at 110 East 59th Street, its prestigious 37-story office tower located in the heart of Midtown Manhattan’s Plaza District.
Quest Partners, an alternative asset management firm, will relocate from its current offices at 126 East 56th Street to the entire 36th floor of Resnick’s 110 East 59th Street tower in the spring of 2025.
“We are pleased to welcome Quest Partners to 110 East 59th Street, in the heart of the Plaza District,” said Jonathan Resnick, President of Jack Resnick & Sons. “This transaction reflects the enduring quality, appeal and first-rate management of 110 East 59th Street, one of our leading assets.”
Originally developed by Jack Resnick & Sons, 110 East 59th Street is a premier office tower situated between Park and Lexington Avenues with a through-block lobby between East 58th and 59th Streets. Just steps away from some of the finest hotels, shops and restaurants in the Plaza District, the building features a high-performance aluminum rain-screen façade system, touchless destination-dispatch elevator technology, stand-by emergency power generation, green roofs and a fully modernized HVAC plant.
Hugh McDonald and Munish Viralam of CBRE represented Quest Partners in the transaction. Jack Resnick & Sons was represented in-house by Executive Managing Director Brett Greenberg and Managing Director Fran Delgorio.
Quest Partners is an alternative asset management firm focused on delivering truly uncorrelated investment strategies at the intersection of mathematics, data science and investing. Founded in 2001 by Chief Investment Officer Nigol Koulajian, the firm oversees $2.5 billion in assets on behalf of some of the world’s largest institutions.
Quest Partners joins a diverse roster of top-tier companies at 110 East 59th Street, including Cantor Fitzgerald, Estée Lauder, Royalty Pharma, Mason Capital and ZMC Advisors. Resnick is also marketing four tower floors of 13,284 square feet each, including the penthouse. These efficient side-core floors offer spectacular views of Central Park.
About Jack Resnick & Sons
A full-service real estate organization, Jack Resnick & Sons has been an industry leader in development, construction, ownership and management since its founding in 1928 and is now celebrating its 95th Anniversary. Its Manhattan portfolio currently includes approximately five million square feet of commercial office and retail space, including One Seaport Plaza, its signature office tower at 199 Water Street. It also has developed thousands of luxury residences and continues to own, manage and lease approximately 1,000 rental apartments.