NEW YORK CITY—JLL has been selected byTIAA-CREF as the exclusive office leasing agent and propertymanager for 685 Third Ave.
The team overseeing the assignment for the646,422-square-foot, Class A office building is led by PeterRiguardi, president of New York tri-state operations and MatthewAstrachan and Frank Doyle, vice chairmen; and includes JonathanFanuzzi, EVP; Clark Finney and Daniel Kollar, SVPs. Propertymanagement services will be led by Matt Duthie, managing directorof JLL's New York property management group.
Newly renovated, the building was originally two separatetowers, giving it two cores with multiple sets of elevators andfire stairs, Astrachan tells GlobeSt.com. "What that allows tenantsto do in this new era of densification is put more employees on afloor and still meet fire codes without having to file for avariance. You could get down to 50 square feet per person, which isclose to double what you can do in a typical building. Hopefullythat allows tenants to create spaces that are conducive tocollaboration and are more productive."
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