News: Owners Developers & Managers

Lorient opening 5,556 s/f first NYC office at The Durst Organization’s 825 Third Ave.

Manhattan, NY According to The Durst Organization, Lorient signed a lease for 5,556 s/f at 825 Third Ave., marking the firm’s first NYC office. The office is a DurstReady suite, Durst’s turnkey offering that comes move-in ready, fully furnished, and wired for immediate occupancy.

“We are grateful Lorient selected 825 Third Ave. for the firm’s expansion into NYC, a testament to the major investment Durst made in the building with top-tier amenities, modern workspaces, and an ideal location in Midtown,” said Jody Durst, president of The Durst Organization.

The Durst Organization was represented in-house by Tom Bow, Ashlea Aaron, Sayo Kamara, and Bailey Caliban. Lorient was represented by Dennis Someck and Justin Myers of Lee & Associates.

Lorient partners with founder-led healthcare companies bringing sector experience and a hands-on operational approach to help scale mission-driven businesses. The Miami-based firm has built a track record of supporting improvements in clinical outcomes, efficiency, and access to care across the U.S. healthcare system.

“Opening our first New York office represents an important next step in Lorient’s continued growth,” said David Berman, managing partner and co-founder of Lorient. “Establishing a permanent presence in New York gives us additional capacity to grow our platform while preserving the hands-on, operationally intensive model that has defined Lorient from the beginning.”

825 Third Ave. underwent a $150 million renovation focused on performance, tenant comfort, modern aesthetics, and sustainability. The tenant-exclusive Well& by Durst amenity floor sets a new standard with a uniquely curated indoor-outdoor experience for gatherings, meetings, and socializing with a 6,000 s/f wrap-around terrace.

The building has a modern entrance and lobby, complemented by 4,000 sq/f of public open space along Third Ave. and East 50th St. with plantings, seating, bike racks, and lighting.

DurstReady merges the convenience of turnkey private office spaces with flexible lease terms and the esteemed service and dependability of a century-old, family-operated real estate enterprise. DurstReady features exceptionally designed, fully wired offices with flexible layouts and dedicated pantries. Suites are located in Durst-owned-and-operated LEED Gold buildings with FSC-certified and sustainable materials, and on-site property management and security.

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

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