Office

1522 First Avenue Stands Topped Out On Manhattan’s Upper East Side

8:00 am on May 3, 2024 By Michael Young and Matt Pruznick

Construction is closing in on the parapet of 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and located between East 79th and 80th Streets.

Photograph of 1245 Broadway, via GDS Development

Michelin-Starred Restaurant Group JKS To Open New Location At 1245 Broadway In NoMad, Manhattan

7:30 am on May 1, 2024 By Max Gillespie

GDS Development and Sweden-based property owner Corem have announced a 15-year lease with the restaurant group JKS Restaurants for a new 7,900-square-foot restaurant at 1245 Broadway, a 23-story commercial building in NoMad, Manhattan.

The Refinery at Domino, via Two Trees Management

The Refinery at Domino Announces New Leases In Williamsburg, Brooklyn

7:00 am on April 29, 2024 By Max Gillespie

Brooklyn-based real estate developer Two Trees Management Company has announced four major leases for The Refinery at Domino, a 15-story office redevelopment of the landmarked Domino Sugar Factory building in Williamsburg, Brooklyn. This announcement brings the property’s total leased space to 34,000 square feet.

120 Broadway, via Silverstein Properties

Ekimetrics Relocates US Headquarters to 120 Broadway in Manhattan’s Financial District

7:30 am on April 27, 2024 By Max Gillespie

Silverstein Properties has announced that Ekimetrics, a global technology company offering data science and AI-powered solutions, has signed a ten-year lease for 24,367 square feet at the landmarked Equitable Building, located at 120 Broadway in Manhattan’s Financial District. This move marks the relocation of Ekimetrics’ sole US office from 155 West 23rd Street to the historic skyscraper’s 29th floor.

Vuori To Open Third New York City Location At 120 Fifth Avenue In Union Square, Manhattan

7:30 am on April 25, 2024 By Max Gillespie

Global apparel retailer Vuori recently announced plans to open its third New York City location at 120 Fifth Avenue, an 11-story office building in Union Square, Manhattan. The brand will occupy a 4,500-square-foot ground-floor space fronting Fifth Avenue, with plans to open its doors to the community in fall 2024.

New Leases Announced for 299 Park Avenue in Midtown East, Manhattan

7:00 am on April 22, 2024 By Max Gillespie

Fisher Brothers recently announced more than 60,000 square feet of leasing activity at 299 Park Avenue in Midtown East, Manhattan. The property has seen a lease renewal from law firm Becker, Glynn, Muffly, Chassin & Hosinski LLP, a lease renewal from real estate capital markets firm Park Madison Partners, and a new lease with investment company MacKay Shields LLC.

The Corcoran Group Relocates To Full-Floor Of 220 West 19th Street In Chelsea, Manhattan

7:30 am on April 20, 2024 By Max Gillespie

Avison Young recently arranged a new 10-year lease at 220 West 19th Street in Chelsea, Manhattan, on behalf of landlord Red Circle NY Corp. The lease will be a relocation for The Corcoran Group’s Chelsea office from its current location at 218 West 18th Street. The 9,200-square-foot lease will span the entire fifth floor of the boutique owner-occupied office building. The space is fully built, furnished, and wired.

Updated Design Revealed for 350 Park Avenue Supertall in Midtown East, Manhattan

8:00 am on April 17, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 350 Park Avenue, a proposed supertall office skyscraper in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Ken Griffin, Vornado Realty Trust and Rudin, the 62-story structure is planned to rise roughly 1,600 feet tall and yield 1.8 million square feet of office space, with 54 percent to be occupied by the hedge fund Citadel LLC. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.

425 Park Avenue, courtesy of L&L Holding

L&L Holding Company Secures Refinancing For 425 Park Avenue In Midtown East, Manhattan

7:30 am on April 13, 2024 By Max Gillespie

L&L Holding Company has secured $911 million in refinancing for 425 Park Avenue, an office skyscraper in Midtown East, Manhattan. Sumitomo Mitsui Trust Bank led the refinancing as the principal lender, with the new five-year floating rate loan intended to replace a similar-sized loan from 2021 that supported the tower’s final construction and leasing activities.

Photograph of 51W52, by Colin Miller Photos

New Photos Reveal Completed Renovations At 51 West 52nd Street In Midtown, Manhattan

7:30 am on April 11, 2024 By Max Gillespie

Renovations are complete on 51W52, also known as Black Rock, an office building at 51 West 52nd Street in Midtown Manhattan. Harbor Group International completed the $128 overhaul of the 38-story structure, which was originally designed by Eero Saarinen as the headquarters for CBS and yields 900,000 square feet of interior space.

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