Columbia has invested in upgrades and amenities that have positioned 315 Park Avenue South as "best-in-class" in the Midtown South Market.
Columbia is capitalizing on strong demand in the Midtown South market as we fill availability being left by departing anchor tenant, Credit Suisse, whose lease expired in late April. As part of our strategy, Columbia is investing significant capital and vision into rebranding the 20-story building, including a reimagined entrance on 24th Street, a modern lobby, upgraded elevator cabs, and a new retail façade to be completed by the fall of 2017. We also have added luxury amenities, including Columbia Concierge, an exclusive onsite concierge service.
These efforts are already producing results. Premier fitness club operator Equinox opened their newest 45,000- square-foot facility in late 2016, and BDG Media Inc., parent company of online publications Bustle and Romper, leased two floors earlier this year.