News: Brokerage

MADGI completes 35,000 s/f Dentsu Americas HQs

The Manhattan-based architecture and interior design firm of Montroy Andersen DeMarco (MADGI) has completed the 35,000 s/f headquarters of Dentsu Americas, one of the world's largest advertising and media buying networks. The new office is located on the 25th and part of the 24th floor of 32 Ave. of the Americas. Steven Andersen, MADGI's principal and head of the firm's commercial studio said, "Dentsu came to MADGI to design their North and South American headquarters following the successful completion of our previous projects in the same building for five of its subsidiaries, IgnitionOne, 360i, Netmining, Innovation Interactive, and Firstborn." The client already occupied the 16th floor in the building. The firm decided to expend to the 25th floor and share public areas with its subsidiary, IgnitionOne. This challenged the architectural team to create a multi-faceted design that married a traditional, elegant corporate environment with a less formal one that appealed to the firm’s creative personnel. "The 3,000 s/f social space houses a drink bar, a coffee bar, multiple large-screen TVs, and an internal platform that expands outside to the terrace in order to provide continuity of both design and function," said MADGI designer Tanya Naumova. "The 3,500 s/f terrace wraps around three sides of the building and offers expansive views of the rivers, lower- and midtown-Manhattan, Brooklyn, and New Jersey. It serves as an extension of the social space." The terrace features a lounge area and an outdoor bar. The bar, situated on the main level of the terrace, is fabricated from a weathered, darkened steel. The newly constructed, elevated Ipe wood platform with a perimeter glass railing allows anyone sitting on it to take advantage of the views above a brick parapet.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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