News: Brokerage

Glorious Sun Robert Martin renovates Blue Hill Plaza: $1 million project

Glorious Sun Robert Martin, LLC has completed $1 million in improvements and renovations at Blue Hill Plaza, its class A office complex. The recently completed renovations have resulted in enhancements to the complex's main lobby and concourse, including the installation of full-height mahogany wall panels and satin aluminum reveals, as well as acoustical tile ceilings with architectural, energy-efficient pendant lighting. Ownership has installed new 32" touch screen directories and digital LCD screens in the complex, featuring The Wall St. Journal Office Network with up-to-the-minute news, market indexes, weather and other information. Glorious Sun Robert Martin has invested an average of $1 million annually for the past several years toward upgrades at the complex, and is committed to continuing to enhance the property along these historical lines. Renovation of the complex's second lobby and additional improvements are scheduled to begin this fall. "Current economic conditions have created a flight to quality in the marketplace, and tenants today are seeking office space that affords a modern, technologically advanced environment to support and improve their business operations," said Timothy Jones, managing director/partner of Robert Martin Co.. "Our ongoing improvement program at Blue Hill Plaza furthers our goal of providing the many companies that occupy space here with a corporate address that enhances their brand reputation." "Additionally, these renovations will further solidify Blue Hill Plaza's position at the forefront of the marketplace and its desirability among the many prospective tenants seeking to relocate into the region's premier class A office complex," Jones said. Blue Hill Plaza consists of two class A office buildings totaling 1.1 million s/f. The ownership represents a partnership of Westchester County-based Robert Martin Company and a Hong Kong- and Manhattan-based real estate company, Glorious Sun. "Ownership's commitment to continuously improving Blue Hill Plaza has created strong interest in the complex's available space," sidd Michael Grossman, executive VP at Mack-Cali. "Additionally, the complex's existing tenants appreciate the attention-to-detail paid by ownership, as well as the benefits of having attentive, on-site management, which has resulted in phenomenal tenant retention at the property." Blue Hill Plaza provides tenants direct access to numerous on-site amenities such as retail establishments, a childcare center, fitness club, cafe and ample parking. The office complex is located off Veterans Memorial Dr. between the Tappan Zee and George Washington bridges with convenient access to Interstates 80, 87, 95 and 287, as well as the Garden State and Palisades parkways.
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