All Posts Tagged With: "1095 Sixth Avenue"

Cook + Fox to Perform Green Makeover at “Disturbing” 375 Pearl Street

375 Pearl Street stands at the base of the Manhattan side of the Brooklyn Bridge and has been primarily a telephone switching center, most recently for Verizon, since it opened in 1975 to uniformly negative architectural reviews. (Paul Goldberger of the New York Times called the tower “disturbing.”) Earlier this week, renderings for a comprehensive, LEED-certified makeover of the 1.3 million-square-foot building, designed by Richard Cook of Cook + Fox, were unveiled. The $350 million rehab, which was reported by Steve Cuozzo of the New York Post yesterday, comes on the heels of Verizon’s $172 million sale of most of the building to Taconic Investment Partners (which actually purchased a condominium interest in the tower, as Verizon will retain the 8th through 10th floors). Cook’s design calls for the stripping of all exterior limestone off the tower and the installation of an efficient glass curtain wall.

Popularity: 11% [?]

14May2008 | Stephen Del Percio | 0 comments | Continued

British Telecom Inks Two-Floor Sublease at Times Tower

According to Crain’s, British Telecommunications has inked a 15-year lease for 63,000 square feet of space at the New York Times Tower on Eighth Avenue at $95 per square foot. British Telecom is subleasing space on the 45th and 46th floors from investment firm ClearBridge Advisors, though the latter never occupied the space that British Telecom will take over. ClearBridge will remain in its existing space on the 47th through 50th floors. The deal follows a number of reports over the past month that financial services firms across the city have been shedding space that’s now unnecessary given the market downturn.

Popularity: 8% [?]

23Apr2008 | Stephen Del Percio | 0 comments | Continued

Top Green Office Leases in Manhattan by Square Footage: 2007

The CoStar Group’s list of the top 50 Manhattan office leases that were finalized in 2007 appears in this week’s issue of Crain’s New York Business (though it isn’t available online). By our count, 9 of these 50 leases were inked for space in green office buildings. Importantly, 3 out of the top 10 leases (ranking 6 through 8, consecutively) were green. We’ve written about a number of these buildings before, and present each lease after the jump along with links to pertinent posts at gbNYC. We also set forth the tower’s certification status (if any), tenant, landlord, and total square footage of the deal.

Popularity: 32% [?]

28Feb2008 | Stephen Del Percio | 1 comment | Continued