News: Brokerage

CLSA signs lease for 17,000 s/f at the Durst Org.'s 1155 Ave. of the Americas

New York, NY The Durst Organization today announced that CLSA has signed a 10-year lease for 16,563 s/f on the 17th floor of 1155 Ave of the Americas.  CLSA is moving from their offices 10 blocks north at 1301 Ave of the Americas. 

1155 Ave. of the Americas was completed in 1984 and designed by Emery Roth & Sons. The building, LEED v4 Silver certified under the EBOM rating system (Existing Buildings Operations Maintenance), has undergone a $130 million capital improvement program. 1155’s upgrades include a new lobby, new elevator cabs and destination dispatch controls, new windows throughout and enhanced floor-to-ceiling glass that takes advantage of the building’s chamfered corners.

“We are pleased to begin 2022 by welcoming CLSA to 1155 Avenue of the Americas and the Durst commercial portfolio,” said Jonathan Durst, president of The Durst Organization.  “1155’s boutique floor-plates, expansive views across Bryant Park, state of the art sustainable features and Sixth Avenue location make it the perfect location financial service leaders such as CLSA.”

CLSA was represented by executive vice president Clyde Reetz of CBRE. The Durst Organization was represented in-house by executive vice president Tom Bow, senior managing director Rocco Romeo and associate director Tanya Grimaldo.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.