The redevelopment of the 26-story building, designed by Genslerarchitects, will include replacement of the existing brick facadewith a new glass curtain wall with shadow box and vision glass onall facades, a new lobby with backlit, frosted-glass walls, brushedbronze wall accents and white marble floors and new elevators. Thebuilding will also boast a new address: 3 Columbus Circle.
CB Richard Ellis tells GlobeSt.com that, as of now, asking priceper sf for the building is $60.36. The Moinian Group projects thatwhile rents have yet to be finalized, the new building is expectedto command $110 to $130 per sf.
[IMGCAP(2)]Up to 500,000 sf of contiguous space will beavailable in the building as current leases expire in 2008, making3 Columbus Circle one of the only office towers in the areaoffering such a large block of available space. The leasing team ofJimmy Kuhn, Michael Dreizen and Andrew Udis of Newmark Knight Frankis handling the marketing of the space.
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