BBR PARTNERS, LLC SIGNS 30,000-SQUARE-FOOT LEASE AT FISHER BROTHERS’  PARK AVENUE PLAZA

Leading wealth management firm will occupy the entire 18th floor of the prominent Midtown property

NEW YORK, NY (July 6, 2020) – Fisher Brothers today announced the completion of a 30,000-square-foot, multi-year lease with BBR Partners, LLC. The lease signing highlights continued demand for well-positioned Midtown office space, despite the ongoing COVID-19 pandemic. The wealth management firm will occupy the entire 18th floor of Park Avenue Plaza, located at 55 East 52nd Street in Midtown East.

BBR Partners continues to prioritize modern, functional space to support the recruitment and retention of talented professionals. Fisher Brothers, a fourth-generation real estate company that owns and manages more than 5.5 million square feet in Midtown Manhattan, worked closely with BBR Partners to ensure that their office space needs were met as the firm navigated the pandemic.

“This signing is a testament to our continued investment in our properties and our deep-rooted commitment to being reliable partners to our tenants,” said Ken Fisher, Partner at Fisher Brothers. “We’re proud to be able to work with high caliber tenants, such as BBR, by providing knowledgeable, Class A services. Experience and innovation in the workplace have never been more important than now, as the City returns to the workplace.”

BBR Partners is a Barron’s Top Ten Investment Advisor that provides financial advice and service to a select group of wealthy families. In its twentieth year, BBR serves a global, multigenerational client group with diverse backgrounds and interests. Based in New York, with offices in Chicago and San Francisco, the firm’s clients include entrepreneurs, beneficiaries of inherited wealth, executives of Fortune 500 companies, and investment professionals with hedge funds, private equity and real estate backgrounds.

“We are excited to begin our relationship with Fisher Brothers as a tenant of their modern building in Midtown East. We look forward to returning to work and enjoying the spacious and state-of-the-art facilities that Park Avenue Plaza provides,” said Barry Klayman, Partner & COO at BBR Partners. “Fisher Brothers understood our needs and were able to safely accommodate our people, as well as our short and long-term business goals as we enter a post-COVID-19 world.”

Park Avenue Plaza is a Skidmore, Owings & Merrill-designed, 1.2 million square foot modern office tower and is home to several prominent financial firms. Building features include a stately green glass facade, striking views, twelve corner offices per floor, column-free 45-foot interior spans, state-of-the-art security and a glass-walled atrium lobby with a waterfall-side café and European-style luxury retail arcades.

Lease negotiations for Fisher Brothers were handled in-house by Marc S. Packman and Charles P. Laginestra, alongside Howard Fiddle, Peter Turchin, Christie Harle, Benjamin Joseph, and Roger Griswold of CBRE. Brad Needleman at Newmark Knight Frank and Jason Gorman at CBRE handled negotiations on behalf of BBR Partners.

For additional information about Park Avenue Plaza and Fisher Brothers, please visit the firm’s website at www.fisherbrothers.com.

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About BBR Partners, LLC

BBR Partners is a boutique wealth management firm that provides financial advice and service to a select group of wealthy families.  We work with each family to design and implement a personalized wealth strategy that is specifically tailored to their unique needs. BBR serves a global multigenerational client group with diverse backgrounds and interests. We work with multiple generations within families and are able to serve as a resource for all family members, regardless of an individual’s level of financial sophistication. Our clients include entrepreneurs, beneficiaries of inherited wealth, executives of Fortune 500 companies, and investment professionals with hedge funds, private equity and real estate backgrounds.

About Fisher Brothers

For more than a century, Fisher Brothers has excelled in real estate innovation, developing, owning and operating unique spaces that enable people to thrive. From cutting-edge building design to neighborhood-defining art installations, Fisher Brothers leverages each real estate asset to create one-of-a-kind spaces for people to live, work and play. The company’s commercial portfolio encompasses seven million square feet of Class A office space, including the iconic towers Park Avenue Plaza, 299 Park Avenue, 1345 Avenue of the Americas and 605 Third Avenue in Manhattan, as well as Station Place, Washington, DC’s largest private office complex. Fisher Brothers residential portfolio includes House 39, an amenity-rich building at 225 East 39th Street and 111 Murray, an ultra-luxury, high-rise condominium tower in Tribeca.  In Las Vegas, Fisher Brothers is developing AREA15, a groundbreaking experiential and interactive, retail, dining and nightlife complex set to open later this year. Fisher Brothers has nearly 1.5 million square feet in recent and ongoing development. Launching in late 2020, Fisher Brothers is creating a 5-star amenity product, @Ease, which will be unveiled at 1345 Avenue of the Americas.

Media Contact:
Abigail Rollins, BerlinRosen
fbmc@berlinrosen.com
(862) 485-2152

April 22, 2020

WHY BBR PARTNERS CHOSE NOT TO APPLY FOR PPP FUNDS

BBR Partners, like all small businesses (financial services and otherwise) has not been spared by the COVID-19 pandemic. While by the letter of the law, the Paycheck Protection Program may have allowed us to qualify for a low-interest forgivable loan, we are fortunate to have the financial resources and a stable business that allow us to continue running our business at 100% staffing levels without raising additional capital. While additional funding would have helped protect us against future uncertainty, with so many other small businesses struggling for their very survival, we did not want to impede their chances and so chose not to apply.

Please join us in congratulating Sarah Norris, Jennifer Ray, Justin Peterson, and Sarah Rumph on becoming Partners at BBR.  We are thrilled to welcome them to the partnership which has expanded to twenty-one equity partners.

Sarah E. Norris Biography 

Sarah joined BBR Partners in 2015 and is a Director of Portfolio & Wealth Advisory and Head of BBR Chicago. Sarah works with clients to develop their overall financial strategy, manage their investments, and integrate their investment, tax and estate planning into a cohesive wealth management plan. Sarah is also a member of BBR’s Investment Committee and BBR Connect.

Prior to joining BBR, Sarah was an Executive Director in the Private Bank at JP Morgan where she worked with wealthy families, individuals and single family offices creating solutions for their complex financial needs. Prior to working in the Private Bank, Sarah was selected as a First Chicago First Scholar where she rotated through various departments at the bank which included the fixed income trading desk and mortgage banking.

Sarah holds an MBA from Northwestern University Kellogg School of Management and a BA from Brown University with a concentration in International Relations and a minor in Economics. Sarah serves on the board of trustees for the Latin School of Chicago and is Chair of the school’s Investment Committee. She also is a member of the Investment Committee for the Jewish United Fund.

Sarah lives in Chicago with her husband and four children. She enjoys traveling with her family and always having a next adventure to plan.

Jennifer N. Ray Biography

Jennifer joined BBR Partners in 2007 and is Head of Innovation. Jennifer’s responsibilities include working closely with the Managing Partners to identify, develop, and execute strategies that continuously enhance BBR’s superior service for our client families. Prior to leading the innovation efforts of the firm, Jennifer was a Director of Portfolio & Wealth Advisory working with clients to develop their overall financial strategy, manage their investments, and integrate their investment, tax and estate planning into a cohesive wealth management plan. Jennifer is also a member of BBR’s Operating and Innovation Committees.

Previously, Jennifer was a Project Analyst at Legg Mason Capital Management, supporting the CFO and CEO on research projects and market analysis.

Jennifer received a BA in English from Duke University. She volunteers for the Bryn Mawr School’s annual alumnae giving campaign, is a member of the Young Women’s League of New Canaan and is the former Co-Chair of the Newcomers Club of Canaan Working Women’s group.

Jennifer lives in New Canaan with her husband, Ryan, and sons, George, Henry and Teddy. She is an avid reader, loves crossword puzzles, and has completed two half marathons.

Justin R. Peterson Biography

Justin joined BBR Partners in 2005 and worked in our New York office before opening our San Francisco location in 2011. Now Justin resides in Austin, Texas where he is a Director of Portfolio & Wealth Advisory, working with clients to develop their overall financial strategy and integrate their investment, tax and estate planning into a cohesive plan. Justin has extensive experience working with entrepreneurs during pre- and post-liquidity planning, as well as the management of single stock and concentrated positions. Justin is also a member of BBR’s Investment Committee.

Prior to joining BBR, Justin worked at JPMorgan, where he performed manager due diligence and worked on an investor relations team for traditional asset managers within JPMorgan Private Bank.

Justin graduated cum laude from the University of Nebraska and was previously a member of the San Francisco Foundation’s Professional Advisors Council.

Justin enjoys golfing, fishing, traveling, and spending time with his wife and son, particularly on the family farm in his home state of Colorado.

Sarah N. Rumph Biography

Sarah joined BBR Partners in 2009 and is a Director of Investment Research. Her responsibilities include sourcing new investments across all asset classes and performing ongoing due diligence on clients’ existing investments, as well as working with the Portfolio & Wealth Advisory team to analyze the risk and return characteristics of client portfolios. In addition, Sarah oversees our firm’s ESG investment efforts. Sarah is also a member of BBR’s Investment Committee and BBR Connect.

Prior to joining BBR, Sarah was an Associate at Tremont Capital Management, where she performed due diligence on Relative Value and Emerging Market Credit funds. She also served as an Analyst at Offit Capital Advisors, where she worked with the Client Service and Research teams, conducting analysis, serving as a point of contact for clients and assisting with manager due diligence.

Sarah graduated from Skidmore College with a BA in Business and Economics. She earned the Chartered Financial Analyst (CFA) designation.

When not in the office, Sarah enjoys baking, reading a good book, and spending time with her husband, daughter and their extended families.

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We are thrilled to announce that Marc Koslowsky has been named Partner at BBR.

Since joining BBR in 2014, Marc has distinguished himself as a leader in our investment approach and our business. His experience and expertise as an investor, coupled with his understanding of client needs, make him indispensable to the firm, our investment process and our clients. Marc also demonstrates the characteristics that are key to our culture including intellectual curiosity, service, teamwork and respect. We are excited for his impact to continue to grow and evolve in his new capacity as a Partner.

Please join us in congratulating Marc and celebrating his contributions.

Marc Koslowsky Biography

Marc joined BBR Partners in 2014 and is a Director of Investment Research. Marc’s responsibilities include sourcing new investments across all asset classes and performing ongoing due diligence on clients’ existing investments, as well as working with the Portfolio & Wealth Advisory team to analyze the risk and return characteristics of client portfolios. He has extensive experience in manager due diligence, portfolio management, asset allocation, and client engagement. Marc is also a member of BBR’s Investment Committee.

Prior to BBR, Marc was a Partner and Portfolio Manager at Hermes BPK, a company that is majority owned by Hermes Fund Managers. At Hermes, he oversaw investments across a host of hedge fund strategies, and also was involved in building a seed and acceleration business. Before Hermes, Marc served as a Portfolio Manager at Optimal Investments, and previously at SPI and Battersby Capital; he worked closely with the CIO at each firm to construct hedge fund portfolios. Earlier in his career, Marc was an Analyst at Adair Capital, and earlier, IAM, where he performed manager due diligence.

Marc holds a BA in Economics from Middlebury College.

Marc’s favorite activities outside the office include basketball, skiing, and cooking. As the father of the three daughters, he also enjoys coaching youth sports.