Kohn Pederson Fox, architects of the future LEED Platinum Beer Belly Building headquarters of JPMorganChase at the World Trade Center site, as well as LEED Gold-certified Court Square Two in Long Island City, is moving its offices from 111 West 57th Street south to Tishman Speyer’s 11 West 42nd Street, between 5th and 6th Avenues. The firm has inked a long-term deal for 65,000 square feet across the tower’s 8th, 9th, and 18th floors, where asking rents were in the neighborhood of $67 per square foot. The 32-story building, which was originally called the Salmon Tower, was built back in 1927 and originally designed by architects York & Sawyer.
March 5th, 2008 | Stephen Del Percio | 0 comments | ContinuedAll Posts Tagged With: "GVA Williams"
Historic Argonaut Building at 57th & Broadway to Undergo Green Renovation
On Tuesday, M1 Real Estate, a Monaco-based real estate developer, inked a 99-year leasehold on the 10-story Argonaut Building at West 57th Street and Broadway. The Argonaut is the firm’s first foray into the North American market, and a spokesperson for M1 called the property a “home run acquisition.” M1 is currently evaluating the merits of two other potential deals in New York. The Argonaut is across the street from heralded LEED Gold Hearst Tower, and M1 plans to seek an unspecified LEED rating in connection with its renovation of the property’s entire 175,000 square feet. The project’s most sustainable feature, of course, is the Argonaut’s age; it was initially built in 1909 and served as the headquarters for General Motors prior to Hearst, and the building’s name actually comes from that of GM’s holding real estate holding company.
February 21st, 2008 | Stephen Del Percio | 0 comments | Continued