Delmonico Plaza is comprised of eight condominium units containing an aggregate rentable area of 53,854 square feet, including the entire 4th, 6th, 12th and 15th floors. The building in its entirety is a 24-story, 300,000 square feet Class A office property built in 1986. The asset is situated in the heart of the Plaza District office market. Located at 55 E. 59th street, between Park and Madison, the property is situated just blocks from the GM Building, the Plaza and Central Park. Since acquisition, over 70% of the space has been re-tenanted. AION successfully disposed its position in the asset in August 2016, achieving attractive returns for our investors.