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Billionaires’ Row tower indicators new tenant

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Anchorage Capital Advisors is the newest tenant to signal on at 125 W. 57th St., the 265,000 square-foot boutique workplace tower on Billionaires’ Row developed by world investment management firm Cain and Alchemy-ABR Investment Partners.

The deal for two full flooring brings the project to almost 75% leased less than three years since construction started. Other workplace tenants embody Eldridge Industries, Jadian Capital, Kingdon Capital Management and AdalptHealth.

The tower is almost 75% leased less than three years since construction started. Google Maps

Also, Ten Five Hospitality signed a lease for a ground-floor restaurant. Ten Five is recognized for thriving Mother Wolf eateries in Miami, Las Vegas and Los Angeles but a totally different idea is promised on West 57th Street.

The tower also supplies a new home for Calvary Baptist Church, which beforehand had its home of worship there before it was demolished for the redevelopment.

Anchorage was repped by Cushman & Wakefield’s Tim Hay, Brian Hay and Ethan Silverstein. JLL’s Mitch Konsker, Kristen Morgan, Christine Colley, Kate Roush and Dan Turkewitz repped the landlord.

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