Investment, Law Firms Ink 16K SF of Deals at 1155 Avenue of the Americas
Investment company Francisco Partners and law firm Jenner & Block are investing in the Theater District Francisco Partners inked a deal to relocate from about 3,000 square feet at 1114 Avenue of the Americas to 10,985 square feet across most of the 28th floor of the Durst Organization’s 1155 Avenue of the Americas. The deal allows Jenner & Block to nab the floor’s remaining 5,600 square feet in a 15-year lease, Commercial Observer has learned. Asking rent was $100 per square foot for Francisco’s six-year deal and Jenner & Block’s transaction, according to Durst. Francisco Partners will relocate from the…
Date 2022-09-29
Author Celia Young
Dozens Of Affordable Astoria Apartments Hit Housing Lottery
ASTORIA, QUEENS — More than 100 apartments in an under-construction Astoria building have gone up for grabs in a city housing lottery — with some renting for as little as $665 per month The 145 units are part of Halletts Point 7, on 27th Avenue near Third Street — part of the huge Halletts Point development by the Durst Organization. Sitting on the edge of the NYCHA Astoria Houses campus, the 14-story building is scheduled to be completed later this year, marking the second completed structure in Durst's seven-building project. The deadline to apply is Nov. 21, according to its…
Date 2022-09-29
Author Patch
16,600 SQUARE FOOT FLOOR LEASED AT THE DURST ORGANIZATION’S 1155 AVENUE OF THE AMERICAS
Global Investment Firm Francisco Partners Takes 11,000 Square Feet and Law Firm Jenner & Block Signs for an Additional 5,600 Square Feet at 1155 Avenue of the Americas<br> <br> The Durst Organization today announced that Francisco Partners has signed a six‐year lease for 11,000 square feet on the 28th floor of 1155 Avenue of the Americas. The global investment firm is moving their offices from the Grace Building on Avenue of the Americas. And Jenner & Block signed a 15‐year lease for 5,600 square feet on the balance of the 28th floor. The law firm leased the four floors directly above…
Author The Durst Organization
Lottery opens for 145 affordable units at huge waterfront development in Astoria, from $665/month
Applications are now being accepted for 145 affordable units at a major mixed-use project under construction in Astoria. Located at 3-24 27th Avenue, the 100-percent affordable, 14-story building is part of the Durst Organization’s Halletts Point development on the East River waterfront. New Yorkers earning 40 and 60 percent of the area median income, or between $25,372 for a single person and $86,460 for a household of five, are eligible to apply for the rent-stabilized apartments, which range from $665/month studios to $1,601/month two bedrooms Developed by the Durst Organization and designed by Dattner Architects, Halletts Point is a seven-building…
Date 2022-09-26
Author Aaron Ginsberg
Affordable Housing Lottery Launches For Halletts Point 7 At 3-3 27th Avenue In Astoria, Queens
The affordable housing lottery has launched for Halletts Point 7, a 14-story residential building at 3-3 27th Avenue in Astoria, Queens. Designed by Dattner Architects and developed by The Durst Organization, the structure is a 100-percent affordable New York City Housing Authority development. Available on NYC Housing Connect are 145 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $25,372 to $86,460 Amenities includes tenant lounge, community room, fitness room, bike storage, and a shared laundry room. Units come equipped with large windows, energy-efficient appliances and light fixtures, designer hardware,…
Date 2022-09-23
Author Vanessa Londono