[IMGCAP(2)]The redevelopment of 521 Fifth Ave. is most visibleby the restored facade of Deer Island granite and new glass andstainless steel storefront. Inside, SL Green has redesigned thelobby with marble, tiger wood paneling and stainless steel accents,and new prominent entrance. The building also features new stoneclad elevator cabs, upgraded security systems, new corridors andbathrooms, new windows and enhanced building infrastructure.
[IMGCAP(3)]Since the third quarter of 2006 when SL Green beganits capital improvement program at 521 Fifth Ave., the building hassigned 125,000 sf of office leases with existing tenants seeking tolock in value and new tenants--both attracted by the building'srepositioned appeal and location, according to SL Green. Occupancylevels have remained high at 97%.
Noteworthy new leases executed during this period includerenowned asset manager, Shelby Collum Davis & Co. LLP, UKreinsurance firm, Hiscox Inc, executive search firm, Sextant SearchPartners, programming production and distribution company, StarzMedia LLC, wealth management team, Alexandra and James of IDBCapital Corp. and Royal Healthcare of Long Island.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
