Soloviev Group Secures Three Major Leases at Iconic 9 West 57th Street Tower

Soloviev Group Secures Three Major Leases at 9 West 57th Street

On April 9, 2025, the Soloviev Group, known for its commitment to socially responsible and environmentally sustainable development, revealed remarkable news regarding its flagship property at 9 West 57th Street. The company has successfully finalized three significant long-term leases that collectively encompass 40,728 rentable square feet of prime office space in one of Manhattan’s most distinguished commercial towers.

The three new leases include a hefty 19,544 square feet leased to Hess Group LLC, along with 5,281 square feet to Beaconlight Capital LLC on the newly completed amenity floor, and 15,903 square feet to Platinum Equity Advisors LLC, a leading global investment firm, located on the tower's 46th floor.

Chairman Stefan Soloviev expressed enthusiasm for the new tenants, stating, "It is an honor and a privilege to welcome Hess Group, Beaconlight Capital, and Platinum Equity to the best commercial building in the world." He underscored that these new agreements testifies to Soloviev Group’s dedication to providing unparalleled office space along with exceptional amenities positioned at the heart of the plaza district, recognized as one of the most sought-after commercial locales globally.

In terms of leasing activity, Vice Chairman Howard Fiddle from CBRE noted, "The level of leasing activity by world-class tenants reflects the building's repositioning strategy and Soloviev Group’s investment in enhancing the tenant experience." This iconic skyscraper has recently undergone significant renovations, including major upgrades to its lobby, elevator modernization, and improvements to building system technology.

Further elating tenant satisfaction, 9 West 57th Street has debuted new amenities, including a luxurious 20,000 square foot amenity floor, which features stunning views of Central Park, modern conferencing facilities, multi-functional meeting spaces, a grab-and-go coffee bar, executive dining options, and a cozy hospitality area. Additionally, tenants will have exclusive access to an impressive 11,000 square foot fitness center, designed with a cold plunge and hot spa-pool, a golf simulator, alongside high-quality locker and shower facilities.
Furthermore, the tenants’ experience has been markedly enriched by access to the Soloviev Foundation gallery, showcasing a rotating collection of masterpieces from renowned artists including Alberto Giacometti, Henry Matisse, Vincent van Gogh, and Basquiat.

Over recent years, 9 West 57th Street has successfully attracted an impressive array of commercial tenants, marking it as a key player in New York's real estate market. Notable long-term occupiers such as Apollo Global Management, CHANEL, Loews Corporation, Qatar Investment Authority, Coatue Management, Veritas, and Standard Industries have established their presence in the building. Recent acquisitions by Mousse Partners, Davidson Kempner, Tikehau Capital, Jain Capital, PointState Capital, and Panco Operations further reinforce the property’s strong appeal.

The leasing transactions were facilitated by the dedicated CBRE team, comprising Howard Fiddle, John P. Maher, Gregg Rothkin, Alex Leopold, and Tara Rhodes, representing property ownership. On the other side, Hess Group was represented by Howard Hersch of Newmark; Beaconlight Capital by Alex Chudnoff of JLL; and Platinum Equity was represented by Ben Friedland and Gary Davies from CBRE.

The Soloviev Group remains committed to its principles of environmental sustainability and social responsibility, with its efforts extending across various sectors, including logistics, railroads, agriculture, grain storage, prime beef production, renewable energy, and both commercial and residential development. Their dedication reflects a holistic approach to successful development intertwining community needs and sustainable practices. Learn more about their initiatives by visiting solovievgroup.com.