W&H’s Renovation Spree
Want to get a jump start on upcoming deals? Meet the major New York City players at one of our upcoming events!
|W&H's Renovation Spree|
|Last week we reported on W&H Properties' Empire State Buildingrehab, but it has other renovations going on as well: namely 112 West 34th Street and 250 West 57th Street, which have been undergoing respective $80M and $82M upgrades. You've probably seen Cushman & Wakefield EVP Barry Zeller's name splashed across the owner'sprominent yellow scaffolding in front of these buildings, so we hopped by his 52nd Street office to find out what's new.|
|112 West 34th Street's (pictured) renovations include a sleek new curtain wall, elevator, bathroom and HVAC upgrades. The lobby was recently finished, and the overall building completion is expected in thesecond quarter of '09. And 250 West 57th Street's extensive upgrades to thelobby, corridors, bathrooms, HVAC system and more are now complete. Right now, the 95%-occupied building has the entire 11,400-SF 25th floor available, which may be pre-built into two units.|
|If you like to star gaze, stand in front of250 West 57th. Entertainment biz management firm ML Management Associates, which represents high-profile filmand TV personalities, recently leased the entire 9,200-SF penthouseof the building. Other tenants include: RZO, which reps U2 andDavid Bowie; andThe Nordlinger Group, which reps the Jonas Brothers(don't tell Barry's daughter). When Barry's not busy with the buildings, he's been active in the National Kidney Foundation'sGreater New York chapter, (he's a founding board member) and recently raised $12k for its annual walk.|