Market conditions permitting, a goal of ours here at gbNYC for 2011 is to provide more coverage of leasing deals in New York City’s green buildings. One fourth quarter transaction that crossed our radar screen was a 10-year, 15,000-square-foot lease that Illinois-based faucet manufacturer GROHE America, Inc. signed last month at RFR Realty’s LEED Certified 160 Fifth Avenue (at West 21st Street), which earned its award from USGBC back in February of 2010.
Originally designed by architect Robert H. Robertson, the 10-story, 100,000-square-foot tower on the Ladies’ Mile dates from the 1890s and, in 2009, underwent a complete gut renovation, designed by architects Montroy Andersen DeMarco with collaboration from Moed de Armas & Shannon.
The project included a relocated and renovated lobby to add retail frontage along Fifth Avenue, new elevators, additional retail space in the basement and on the second floor, a green roof, and restoration of the façade’s stone pillars and double-hung mahogany windows. Sciame provided construction management services.
Based in Düsseldorf, Germany, the privately-held GROHE was founded in 1911. NAI Global New York City represented GROHE in the deal; RFR was represented in-house.