Durst Ready: Developer to launch flexible office space arm
When the Durst Organization rejected WeWork’s bid to take 12 floors at One World Trade Center last year, the developer had an idea for its own flexible office space operation.
Date 2019-09-26
Author Kathryn Brenzel
Montessori School Opening Far West Side Campus
A Montessori school with locations in Russia and Canada inked a deal to take the last remaining retail space in Durst Organization’s three-building complex on the Far West Side, Commercial Observer has learned.
Date 2019-09-19
Author Nicholas Rizzi
The Durst Organization Discusses $130 Million Investment in 1155 Avenue of the Americas
Tom Bow, Executive Vice President of Commercial Leasing for The Durst Organization, spoke to Commercial Observer’s Partner Insights team about the company’s $130 million renovation of 1155 Avenue of the Americas.
Date 2019-09-12
Author The Durst Organization
Inside One Bryant Park’s Co-Generation Power Plant
One Bryant Park, the first high-rise building to reach LEED Platinum certification ever, is a tower of fun facts. The Durst Organization that built and runs One Bryant Park has not been shy with unique initiatives, like making honey from rooftop bee hives or letting the public control the colors in the spire.
Date 2019-09-05
Author Michelle Young
Durst Org. and Bank of America refinance One Bryant Park; Rosenberg & Estis; Orrick, Herrington & Sutcliffe; Chatham Financial are advisors
The Durst Organization and Bank of America have closed a $1.6 billion refinancing of One Bryant Park. The financing combined a $950 million CMBS loan with a $650 million Liberty Bond loan, and the weighted average coupon for the 10-year financing is 2.60% per annum.
Date 2019-09-03
Author NYREJ