Originally known as the Judge Building, 110 Fifth Avenue is a 170,000 square foot, 11-story office building in New York’s Flatiron District designed by the renowned firm of McKim, Mead & White and constructed in 1888. In 1996, just as The New York Times Company elected to sell the property, the sole office tenant announced plans to relocate to Midtown. Within the first year, the office portion of the building was completely leased at record-breaking rents for the neighborhood.
As one of the premier office buildings in the Flatiron District, 110 Fifth Avenue is currently home to a range of innovative companies, including Compass, a technology-focused real estate firm, and Swedish multinational fast-fashion clothing retailer H&M, which located its U.S. headquarters in the building. Rent for office space in this asset has grown from $23 per foot at the time of purchase to almost four times that number nearly 25years later.