Here’s How Landlords Can Make Tenants Feel Comfortable About Returning to the Office
Office building owners are still figuring out how to square immediate anxieties about returning to work with longer-term concerns about making their properties more energy efficient and flexible, landlords said during Commercial Observer’s “Making of a Modern Office” event on March 18 “Fresh air is talked about more and more, but that runs counter to the public policy initiative of making more efficient buildings,” said Dean Shapiro, head of U.S. development at Oxford Properties, speaking on a panel moderated by Fried Frank’s Jonathan Mechanic. Oxford is working on the redevelopment of the old St John’s Terminal building in Hudson Square…
Date 2021-03-25
Author Rebecca Baird-Remba
The behind-the-scenes power players in real estate
In New York and nationwide, deep-pocketed developers and high-ranking government officials are grappling with a pandemic that has rattled the real estate industry. And they’re coming up with solutions – thanks in no small part to a bevy of behind-the-scenes deputies and advisers in both the public and private sectors As part of this year’s annual Real Estate Power 100 feature, we recognize a group of these little-known industry players who are doing big things. **Helena Rose Durst** <br> *Principal, Durst Organization* Leading the Durst’s real estate empire with her father, Douglas Durst, Helena Rose Durst, a fourth-generation member of the…
Author City & State New York
Law Firm Relocates in Midtown Manhattan
The Durst Organization has added another law firm to the tenant roster at 1155 Avenue of the Americas, its 790,000-square-foot office tower in Midtown Manhattan. The real estate company signed Jenner & Block LLP to a 15-year-lease lease of approximately 67,000 square feet at the 41-story high-rise Also known by the address of 1155 Sixth Ave., 1155 Avenue of the Americas made its debut in 1984, but the Emery Roth & Sons-designed building recently got a massive makeover, courtesy of a $130 million capital improvement program. The upgrades to the property, which also features roughly 2,300 square feet of ground-level…
Date 2021-03-09
Author Barbra Murray
Jenner signs lease for new smaller midtown New York office
As it continues to fight with its hometown landlord in Chicago, Jenner & Block is getting new digs in New York City after signing a 15-year lease for four floors at 1155 Avenue of the Americas The new 67,000-square foot office is across midtown Manhattan from the firm’s current office at 919 Third Avenue, which is 12,000 square feet larger. A Jenner spokeswoman said the new location will have more offices in it, with the option to expand. “We are doing more with less,” the spokeswoman said. Jenner said it has nearly 80 lawyers in New York. The ongoing COVID-19…
Date 2021-03-09
Author David Thomas
Jenner & Block Takes 67K SF at Durst’s 1155 Avenue of the Americas
Law firm Jenner & Block will downsize its New York City offices to 66,935 square feet at the Durst Organization’s 1155 Avenue of the Americas in Midtown, the landlord announced on Monday The Chicago-based firm inked a 15-year lease for space on the 29th through 32nd floors of the 41-story building between West 44th and West 45th streets, according to Durst. Asking rent was $102 per square foot. Jenner & Block currently has a 79,000 square-foot office at SL Green Realty Corp.’s 919 Third Avenue, which it opened in 2005, Crain’s New York Business reported. It plans to move to…
Date 2021-03-09
Author Nicholas Rizzi