STUDIOS Architecture

Rendering of 295 Fifth Avenue with its new rooftop penthouse

Developers Announce 132,000-Square-Foot Lease Deal at 295 Fifth Avenue In Midtown South, Manhattan

Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have announced a lease agreement with global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP for a 132,000-square-foot space at the fully renovated 295 Fifth Avenue in Midtown South, Manhattan. This relocation marks one of the largest relocations of 2023 in the surrounding area and reflects a trend of traditional industries filling the leasing gap left by technology firms in the neighborhood. CBRE helped facilitate the transaction on behalf of ownership and represented Quinn in the leasing agreement.

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Redeemer East Side Tops Out at 150 East 91st Street on Manhattan’s Upper East Side

Construction has topped out on Redeemer East Side, a new 12-story home for the Redeemer Presbyterian Church at 150 East 91st Street in the Carnegie Hill section of Manhattan’s Upper East Side. Designed by STUDIOS Architecture, the 170-foot-tall structure will feature a fellowship hall with a capacity of 300, a 600-seat auditorium for worship and gatherings, 17 classrooms, and a catering kitchen. The Presbyterian organization acquired the property for $29.5 million in 2020 and will relocate to the new facility from its current address at 112 East 75th Street. Pavarini McGovern is the general contractor for the project, which is situated on a 50-foot-wide interior lot between Lexington and Third Avenues.

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111 Wall Street’s New Curtain Wall Reaches Upper Levels in Financial District, Manhattan

Renovation work is moving along on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the replacement of the structure’s midcentury façade with a modern glass curtain wall and the full gut renovation of its 1.5 million square feet of office space, as well as the construction of an expanded lobby and amenity spaces designed by URBN Playground on the lower floors. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

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