| Address: | 230 Park Avenue |
| City: | New York |
| State: | New York |
| Square Feet: | 1.4 million |
| # of Floors: | 34 |
| Date Acquired: | 12/2007 |
| SEE AVAILABLE SPACE |
PROPERTY OVERVIEW
Built in 1929, 230 Park Avenue is the Crown Jewel of Park Avenue. Its elaborate Beaux Arts architecture emphasizes classical form and style. Architects Warren and Wetmore, who gained prominence for their design of Grand Central Terminal, built the 34-story building as the headquarters for the New York Central Railroad Co. With a rentable area of 1.4 million square feet, 230 Park features floor plates of 70,000 square feet on the base floors and 22,000 square feet on the tower floors.
Distinctive features of the landmark building include an ornate lobby accented by Jaspé oriental marble walls and original bronze chandeliers and fixtures, a one of a kind cupola at the top of the building, breathtaking views up Park Avenue, direct access to Grand Central Station and two pedestrian through-block arcades (45th Street to 46th Street). These unique features make 230 Park Avenue one of the most prestigious and photographed buildings in Manhattan.
BUILDING AMENITIES
As an extensively restored historic property, 230 Park benefits from significant restoration and modernization projects. Restoration projects include refinishing the exterior limestone and brick work, restoration of the cupola, upgrading of the pedestrian arcades, restoration of the storefronts to a dark bronze finish and refurbishment of the lobby and common corridors. Modernization projects have provided the building with card key access, a 24/7 manned security desk, point monitoring access and CCTV at all entry points, modernized elevators, backup electrical generators, and new operable thermo-pane windows throughout the building.
The building's chiller plant utilizes two Trane high-pressure steam two-stage absorbers (950-tons each) and two York, Centrifugal steam driven turbine chillers (1,500-tons each), all connected to six new BAC cooling towers. The property also has three winterized cooling towers that provide year round, 24-hour condenser water to the tenants' supplemental HVAC units.
Monday Properties continues to enrich the iconic New York City building with ongoing improvements including: corridor and bathroom renovations, electrical system upgrade, fire pump replacement, freight elevator modernization, HVAC upgrades, exterior facade restoration and landmark approved lobby renovations that includes an additional visiting center and bronze murals.
EPA’S ENERGY STAR
Monday Properties undertook a series of additional renovations at 230 Park Avenue to further improve its energy efficiency and carbon emissions and earned the EPA’s ENERGY STAR rating. The project included installing energy-efficient lights, extensive load shedding, multiple equipment upgrades and an upgraded building management system (BMS). The renovations are expected to reduce energy consumption by 200 kBtu/sf, while reducing carbon emissions by 7,000 tons per year.
TENANT PROFILES
230 Park Avenue is currently home to such outstanding tenants as ING, HSH Nordbank, Otterbourg Steindler, PB Capital Corporation, HQ Global Workplaces, Tokio Marine Fire & Insurance and Banco de la Nacion Argentina.
LEASING CONTACTS
Jordan Berger- Monday Properties- 212-692-4393
Paul Amrich- CBRE- 212-984-8122
Patrice Hayden- CBRE- 212-984-7112
Kerry Glynn Powers- CBRE- 212-984-6549
Fernando Urrutia- CBRE- 212-984-8079
| Total Spaces Available: 8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
