N.Y. Life Private Equity Affiliate Signs a 15-Year Release

A team from New York Life's investment division formed the nucleus of GoldPoint in 1991. The firm took its current name in 2012.

The firm's new home will be in New York's Plaza District.

For decades, that district was seen as the most expensive commercial real estate area in New York. In recent years, however, the area has suffered the loss of blue chip tenants to newer buildings in the Financial District and in Hudson Yards, on the west side of the Manhattan.

But GoldPoint is the fourth financial firm to sign a full-floor lease at 299 Park Ave. during the past eight months.Traxys is on the 38th floor, B. Riley is on the 21st floor, and Varagon Capital Partners is on the third floor.

Richard Bernstein, Steve Braun and Christine Colley of Cushman & Wakefield represented GoldPoint Partners. Fisher Brothers was represented in-house by Marc Packman and Clark Briffel, and by Newmark Knight Frank's Andrew Sachs and Pete Shimkin.

The building was designed by Emery Roth & Sons and built by Fisher Brothers. It opened in 1967.

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