News: Owners Developers & Managers

$80 million upgrade completed at W&H's 112 West 34th St.

The new sleek glass curtain wall at W&H Properties' 112 West 34th St. is finished, marking the completion of the building's $80 million upgrade program, according to Fred Posniak, senior vice president of W&H. "The building has been completely transformed," said Posniak. "People who saw it two years ago wouldn't recognize it today." The facade renovation was the last phase of the top-to-bottom upgrade, which included a sleek, new modern and energy-efficient glass curtain wall; a renovated stone and marble lobby with a 30-foot undulating ceiling; a security desk with concierge services; new entryways at both 34th and 33rd Streets; renovated restrooms and air-conditioned public corridors; and upgraded building-wide systems, including electrical, plumbing, HVAC and security. "Our tenant roster has also been transformed, thanks to the upgrades," said Posniak. "Some of the tenants we've attracted since the start of the program are online marketing leader ReachLocal, Delta Airlines, Aeromexico, ShermansTravel Media, and Xerox subsidiary Carr Business Systems, to name a few." Located across from Macy's flagship location, 112 West 34th St. contains 26 stories, and more than 800,000 s/f of modern office and showroom spaces. 112 offers access to the Long Island Rail Road, New Jersey Transit and Amtrak at Penn Station, the Port Authority Terminal, PATH, 15 subway lines and all major bus lines. Part of the W&H Properties Pre-War Trophy office portfolio, the building is owned by 112 West 34th Street Associates, L.L.C, a partnership led by Peter Malkin and Anthony Malkin. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives. Availabilities at the property include spaces ready for immediate occupancy from 1,500 s/f, W&H portfolio standard high-end pre-built units ranging from 4,176 to 7,600 s/f, and build-to-suit partial and full floors from 20,000 to 41,000 s/f.
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