Friends Reunion – Five Allocators Riff on Investing Today’s show is a little different from previous ones. Our Chief of Staff, Hank Strmac, had an idea to blend investing with some fun. It turned out I had just the crew. For the last twenty years, four friends and I have met for dinner regularly to […]
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Please join us in congratulating Darcy McFadyen, Head of Operations, on becoming a Partner at BBR. We are thrilled to welcome him to the partnership which has expanded to twenty-two equity partners. Darcy joined BBR Partners in 2006 and is a Director of Operations, overseeing teams who work on trade and cash execution, reconciliation, […]
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January 4, 2021
Evan, along with other prominent employers and business leaders issued a statement to Congress to accept the Electoral College Results.
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Jan
This holiday season, BBR would like to honor our clients by donating to World Central Kitchen. WCK, founded in 2010, by José and Patricia Andrés, is an organization devoted to providing meals in the wake of natural disasters and times of crisis.
Currently, during the COVID pandemic, WCK is working across America to safely distribute individually packaged, fresh meals in communities that need support. Families can pick up and take home meals, and delivery is provided to seniors who cannot venture outside. With the help of donations like ours, they have shown that there is no place too far or disaster too great for their chefs to be there with a hot plate of food when it’s needed most.
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December 18, 2020
After 14 fruitful years at Two Grand Central Plaza (140 East 45th Street), we are excited to announce that effective January 1, 2021, BBR Partners is moving its main office to Park Avenue Plaza at 55 East 52nd Street. Please note that all of our phone numbers will remain the same.
Our new mailing address will be:
BBR Partners, LLC
55 East 52nd Street – 18th Floor
New York, NY 10055
We are excited to make our home in this new space. This new space will accommodate our current and future team on a large floor that has been designed to support our culture of collaboration. The move is a testament to you, our clients and partners, and the good work we have done and will continue to do together. It also reflects our whole-hearted belief in the vibrancy and resiliency of New York City, and our commitment to its future.
While we have adjusted seamlessly to a remote work environment, we strongly believe that creativity and teamwork are more easily achieved in person. At the same time, we remain committed to the safety of our colleagues. We have instituted every possible measure to ensure their continued well-being, and expect the vast majority of our staff will continue to work remotely until it is safe for everyone to return to an in-person work environment.
Park Avenue Plaza is centrally located and, when the time is appropriate, we look forward to showing you around our new home, in person. Please use the link to explore its location, surrounding neighborhood, and amenities.
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November 23, 2020
Evan, along with other prominent employers and business leaders, sent an “Open Letter on Presidential Transition” urging for the Trump administration to begin a transfer of power.
New York Times Article, November 23, 2020
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September 10, 2020
Evan, along with other prominent employers and business leaders, signed a letter appealing to Mayor de Blasio for the improvement of essential services in the city. In it, the leaders offer the collaboration of the business community, to help solve some of the city’s pressing problems in the wake of COVID-19. They also express confidence in New York’s resiliency and vibrancy as a unique center of global commerce, and support for any efforts to restore it to pre-pandemic stature.
New York Times Article, September 10, 2020
https://www.nytimes.com/2020/09/10/nyregion/de-blasio-economy-coronavirus.html
On September 18th, Partnership for NYC, sent an additional letter Governor Cuomo & Mayor de Blasio regarding partnering together for Economic Recovery.
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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
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June 12, 2020
The past few weeks have been a time for honesty and action. Last week, we shared the following message with our staff and now we do the same with you, our friends and colleagues: Our hearts go out to the families of Ahmaud Arbery, Breonna Taylor, George Floyd, and families of far too many other Black people that have been the victims of tragic, violent racist crimes. As leaders of BBR, we unequivocally condemn racism of any kind; overt, subtle, systemic or institutional.
BBR has never, nor would we ever, tolerate racist or biased behavior of any kind, but it is no longer enough to not be racist. We will continue to be an anti-racist organization proactively doing what we can to redress racial inequality.
We know we have work to do when it comes to diversity, equity, and inclusion at BBR. The more diverse we are as an organization, the better and stronger we will be, and we are dedicated to making that a reality. We are more committed than ever to ensuring that BBR is an inclusive place where everyone feels comfortable, supported, and can succeed.
We are not writing this just to highlight our awareness of and deep concern over this national problem, but rather to say that we as a firm will undertake the introspection and hard work necessary to challenge ourselves to do better and to be better.
As a small first step, the Partnership for NYC released an open letter calling for united efforts to achieve racial justice. It is signed by 191 of New York City’s top business leaders from all sectors of the economy. Evan Roth, on behalf of BBR has signed the Partnership for NYC letter.
We know this is just the start of an ongoing process and are holding ourselves accountable to concrete action.
Silence is not an option, but words are not enough.
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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.