News: Brokerage

Skyline Dev. completing capital improvements at 1040 Ave. of the Americas

Skyline Developers is completing a multi-million dollar program of capital improvements at 1040 Avenue of the Americas, a 24-story, 256,000 s/f office building in the Midtown area. The 24-hour attended lobby has been enhanced with new decorative fabric panels and a Wall St. Journal video wall. Improvements will also include new elevator cabs and upgraded building systems throughout. A complete gut renovation of the 9th, 10th and 11th floors is underway. These floors will be pre-built office suites ranging from 3,500 to 12,000 s/f with glass walled conference rooms, tenant-controlled HVAC, fully operable windows and pantries with stainless appliances. Newmark Knight Frank is the leasing agent. Skyline Developers LLC who recently completed development of the Peter Marino designed residential condominium at 170 East End Ave. and the conversion of 37 Wall Street into a luxury rental that houses Tiffany & Co. at its base, is a Manhattan-based affiliate of privately held Garden Homes Development, one of the largest homebuilders in the nation. Garden Commercial Properties, also an affiliate, owns and manages over 20 million sq. ft of commercial properties in 37 states nationwide.
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