Quote:
Originally Posted by Crawford
Eons ago I interned there, at what is now JPM Private Bank. The tower has a big footprint and was pretty nice inside. I'm guessing 345 still has a couple of years till redevelopment, but who knows.
But 350 Park is long past due. Can't wait to see this tower rise.
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345 Park is a hulking monster of a tower. If it ever gets redeveloped, it will be for an enormous tower on site. But it's not necessarily one of the Park Avenue towers I would prefer to go next.
https://rew-online.com/blackstone-ex...by-150000-s-f/
Quote:
December 13, 2018
“We are very pleased that Blackstone, one of the most esteemed financial services companies in the world, which has been headquartered at our building for the last 30 years, has chosen to expand at 345 Park Avenue,” said Bill Rudin, Co-Vice Chairman and CEO of Rudin Management Company, the operating arm of Rudin Family holdings. “This transaction reaffirms Blackstone’s and the Rudin Family’s commitment to Midtown East, and the strength of this pre-eminent business district.”
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That was from a couple of years ago, so it makes sense they would move to 350 Park, a win/win for everyone. Those long term relationships do come in handy, even if they have to kick the tires at Hudson Yards. But this is a rare opportunity to get a new tower on Park Avenue, basically across the street from current headquarters. It's too big to pass up. Especially when you're looking for 1 msf.
Another look at the hulking 345 Park.
