[NYguy]

I think about the possibilities when I read this quote...


https://www.bisnow.com/new-york/news...-pay-off-87543

SL Green Says Its Big Bet On Midtown East Is Starting To Pay Off


Durels and Holliday said they believe Midtown East is experiencing something of a renaissance. The area has been plagued by a tenant exodus in recent years, as several big-name companies opt to head Downtown and to Hudson Yards. But Durels said leasing was up 25% year over year in the area in the first quarter.

Holliday said the company was extremely pleased by JP Morgan’s decision to build its new headquarters at 270 Park Ave., a few blocks away.

“We are proud to have helped pave the way for this important new development by taking a leadership role on the passage of the Vanderbilt corridor and East Midtown rezonings,” Holliday said. “We look forward to more announcements like this in the East Midtown market.”

https://commercialobserver.com/2018/...d-new-midtown/

One Vanderbilt—with its sleek Kohn Pedersen Fox design, the hundreds of millions of dollars in transit improvements SL Green has pledged, an 11,000-square-foot restaurant headlined by Daniel Boulud, and already hundreds of thousands of square feet of leases with Greenberg Traurig and TD Bank—promises to be the most change in Midtown in a very long time.

It paved the way for last year’s Midtown East rezoning and J.P. Morgan Chase’s announcement earlier this year that it will demolish and rebuild its 52-story tower at 270 Park Avenue.

“I think J.P. Morgan’s announcement flatters One Vanderbilt,” Holliday said from his office at 420 Lexington Avenue

The winds of change are already blowing...


https://www.instagram.com/p/BhwaHJ-F...y=maximilianwu