Posted Yesterday, 1:57 PM
|
![NYguy's Avatar](image.php?u=167&dateline=1333454802) |
New Yorker for life
|
|
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 52,177
|
|
https://www.costar.com/article/16132...york-city-home
Quote:
…With this expansion, Blackstone, which also has a footprint nearby at 601 Lexington Ave. between East 53rd and 54th streets, becomes New York’s seventh-largest commercial office tenant, occupying a total of 1.4 million square feet…
Blackstone’s decision to stay put in midtown Manhattan is another example that Park Avenue, hard hit during the onset of the pandemic because of its predominantly office-centric nature, has proved naysayers wrong. It has shown solid demand despite what’s often pitched as the live-work-play appeal of neighborhoods such as midtown South, Lower Manhattan and Hudson Yards that have led some major firms to depart midtown Manhattan.
… Park Avenue Projects
In another validation for Park Avenue and the Plaza District, the largest U.S. office cluster, billionaire investor Ken Griffin, founder of hedge fund Citadel, is moving forward with a plan to build a 1.8 million-square-foot office tower a few steps away at 350 Park Ave. with Rudin and developer Vornado Realty Trust.
JPMorgan Chase also is building its 1,388-foot, 60-story global headquarters at 270 Park Ave. while developer RXR plans to co-develop 175 Park Ave., a project billed as a nearly 1,600-foot-tall tower with the highest occupied office floor and the highest hotel in the Western Hemisphere.
|
https://www.leadersmag.com/issues/20...chler_RXR.html
Quote:
…We have over 30 million square feet of commercial properties and over 9,400 units of multifamily. We are currently designing/developing over 4 million square feet of commercial space including 175 Park Avenue, which will be a 2.3 million square feet office building with a 200 key hotel connected to Grand Central Station. It will have the highest occupied space in the Western Hemisphere with the hotel starting at over 1,200 feet up in the air.
|
__________________
NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
|