Tag Archives: Midtown

One Vanderbilt unveils additional building details

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Across the street from JLL’s Midtown Manhattan office, one of New York City’s soon-to-be-tallest buildings is slowly emerging from the ground. One Vanderbilt, the 1,401-foot tower developed by SL Green, has now reached street level, and its official Instagram has been actively sharing both its progress and plans.

In addition to… Read More

Five Key Themes Shaping the Skyline – #2 Navigating the Gap: Trophy vs. Non-trophy

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Number2_SkylineAs in past print editions, the JLL Skyline Report will continue to explore the trends that shape North American real estate markets.

Navigating the rent Gap:  Trophy vs. Non-trophy

In a previous post we discussed the increase in Trophy rental rates in New York and across the country.  Our JLL research team has… Read More

Five Key Themes Shaping the U.S. Skyline – #1 Not Everyone Gets a Trophy

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As in past print editions, the JLL Skyline Report will continue to explore the trends that shape North American real estate markets.

#1 – Not Everyone Gets a Trophy
When it comes to the Trophy classification, JLL research indicated that for the average city skyline, the Trophy rental rate was 77% higher than the non-Trophy rate. Keeping on trend, Manhattan’s trophy inventory outperformed the balance of the market, posting some of… Read More

JLL oversees renovations at 19 West 44th Street

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JLL team spearheaded a comprehensive capital improvement program for Deka Immobilien GmbH, including extensive lobby, elevator and infrastructure upgrades

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Newly renovated lobby, The Berkeley Building, 19 West 44th Street

Over the past 18 months, JLL spearheaded a comprehensive capital improvement program at The Berkeley Building, 19 West 44th Street, on behalf of Deka Immobilien GmbH. The building owner renovated the lobby and common corridors, modernized the elevators and upgraded the infrastructure of the 292,968-square-foot commercial office building.

The JLL team handling the property management assignment is led Matt Duthie, managing director, with Matthew Kirby-Smith serving as general manager of the building. Project management services were overseen by Michael Chionchio, managing director, along with Joseph Buxbaum and Shannon Ford. The group worked closely with Real Estate Capital Partners, which serves as the asset manager of the building for Deka Immobilien.

“This was a complex and multi-faceted capital improvement campaign designed to transform the overall efficiency and aesthetics of The Berkeley Building,” said Kirby-Smith. “We’re particularly excited about the completion of the lobby renovation and the upcoming elevator modernization. These two efforts will truly enhance the everyday experience of tenants and visitors to the building.”

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