News: Brokerage

ING Americas expands at The Durst Organization’s 1133 Avenue of the America’s

Manhattan, NY The Durst Organization said that ING Americas has expanded to 153,915 s/f at 1133 Avenue of the Americas, taking five full floors (7 through 11) at the Bryant Park neighborhood building. ING has occupied the 7th through 10th floors at 1133 Avenue of the Americas since 2016.

1133 Avenue of the Americas is a 1.1 million s/f, 45-story Class A tower located on Avenue of the Americas between West 43rd and 44th Sts. in Midtown. The building features a travertine lobby accented by a LED sculpture by Leo Villareal, destination dispatch elevator controls, modern elevator cab interiors, a landscaped outdoor plaza, 5,000 s/f of green roofs, and exclusive landscaped terraces. 1133 is certified LEED Gold under LEED v4 Existing Buildings: Operations + Maintenance.

Tenants at 1133 Avenue of the Americas include Patterson Belknap Webb & Tyler, Take 2 Interactive, Bank of America, Charles Schwab, Interactive Brokers, the National Basketball Players Association, Steptoe LLP, Massumi + Consoli, and Steinway & Sons.

The Durst Organization was represented in house by Tom Bow, Rocco Romeo, and Nora Caliban. ING was represented by CBRE’s Robert Stillman, Michael Geoghegan, Ryan Alexander, Paul Stimpfle, Harly Stevens, and Marlee Teplitzky.

“ING’s expansion at 1133 Avenue of the Americas reflects the strong leasing momentum at the building and the desirability of the Bryant Park submarket,” said Jody Durst, president of The Durst Organization.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,