MKDA designs 20,000 s/f office for Harvest Partners at 280 Park Ave.
Corporate space planning and interior design firm MKDA has designed 20,000 s/f of office space on the 25th floor at 280 Park Ave. on behalf of New York-based private equity investment firm Harvest Partners, which had expanded from another floor in the building.
"The office had an existing installation that was dimly lit and that had small work areas and narrow corridors," said MKDA president Michael Kleinberg.
"Our solution was to open previously separate work areas and to optimize the floor-to-ceiling windows in the executive offices in order to capitalize on the Midtown views," said MKDA director of design Daniel DeSiena.
According to DeSiena, "The space is classic and traditional with clean, architectural detailing. As such, the space could be classified as transitional--a traditional space with modern elements."
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability