Deals of the Day: March 26
General contractor moving headquarters to Durst building
Date 2024-03-26
Author Julianne Cuba
Mass Transit, Renovations and Bargain Prices Drive Demand Along Third Avenue
In the morning before the first games of March Madness tipped off, a purposeful murmur arose among the employees of Genius Sports The technology firm, which provides data management to sports leagues and betting companies, moved its offices into the 26th floor of the Durst Organization-owned tower at 825 Third Avenue six months ago. An assortment of dollar figures had been scrawled on white boards in conference rooms as workers on March 21 spoke in hushed tones about the upcoming matchups. Analyzing who would advance in the annual college basketball tournaments was the kind of task that could have been…
Date 2024-03-25
Author Aaron Short
Clune Construction Relocates HQ to 655 Third
The Durst Organization announced that Clune Construction is relocating its NYC headquarters to 655 Third Avenue near Grand Central, leasing the entire 10th floor. This move, alongside Empire State Development’s lease, has increased the building’s occupancy from 52% to 85% The Durst Organization was represented in-house by Tom Bow, Ashlea Aaron, and Bailey Caliban. Clune was represented by John Mambrino and Nicholas Farmakis at Savills. “Well-maintained office buildings with excellent access to public transit continue to attract top-tier tenants,” said Jody Durst, president of The Durst Organization. The building’s LEED Gold certification underscores its sustainable features, including green roofs and…
Date 2024-03-25
Author Emily Fu
Clune Construction Relocating New York Headquarters to The Durst Organization's 655 Third Avenue
The Durst Organization announced today that Clune Construction is moving the national general contractor’s New York City headquarters to 655 Third Avenue, taking the entire 10th floor.
Author The Durst Organization
2024 Power Players in Real Estate: Douglas Durst
<b>Douglas Durst</b> <b>Chairman, The Durst Organization</b> Douglas Durst is the chairman of The Durst Organization. Under the leadership of Douglas and his cousin Jody, Durst built premier towers including 151 West 42nd Street, which was recognized as the nation’s first green skyscraper, and One Bryant Park, the first LEED Platinum high-rise office tower. Today, the company owns, manages, and operates a 13 million-square-foot office portfolio and 3,400 residential rental units. <b>Is there a project you are excited to work on or see completed in 2024?</b> I’m most excited about 825 Third Avenue. We originally built the tower in 1969. When…
Author Politics NY