Commonfund relocates New York City office to 825 Third Avenue

Manhattan, NY Commonfund, an independent asset management firm serving institutional investors, has signed a lease to relocate its office from Park Ave. to the entire 22^nd floor of 825 Third Ave., encompassing 11,816 s/f.

“Commonfund’s decision to relocate to 825 Third Ave. reflects the quality of work and materials incorporated within the building during our recent $150 million renovation and the building’s desirable location in Midtown,” said Jody Durst, president of The Durst Organization.

Mark Anson, Commonfund president and CEO said, “We are excited to be expanding our NYC footprint in a bespoke, full floor at 825 Third Ave. The larger office space will accommodate our growing organization and enhance our collaborative work environment, as well as provide state-of-the-art meeting space for our clients in a convenient mid-town location.”

825 Third Ave. underwent a recent $150 million renovation focused on performance, tenant comfort, modern aesthetics, and sustainability. The tenant-exclusive Well& by Durst amenity space sets a new standard with a uniquely curated indoor-outdoor experience for informal gatherings, meetings, and socializing. The building has a modern entrance and lobby, complemented by 4,000 s/f of public open space along Third Ave. and East 50^th St. with plantings, seating, bike racks, and lighting.

825 Third Ave.’s tenant roster includes Toyota Tsusho America Inc., Edward Jones, Allied Irish Banks, Tokio Marine Group, Dimension Energy, Beveridge & Diamond, Gotham Asset Management, National Bank of Egypt, Macerich, Hodes Weill & Associates, Slarskey LLC, and Stark Office Suites.

The Durst Organization was represented in house by Tom Bow, Ashlea Aaron, Bailey Caliban, and Sayo Kamara. David Rosenbloom and Steven Baker of Cushman & Wakefield represented Commonfund.