Columbia has invested in upgrades and amenities that have positioned 315 Park Avenue South as "best-in-class" in the Midtown South Market.
Working with top Manhattan office developer and operator L&L Holding Company, Columbia is capitalizing on strong demand in the hot 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 a 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. Luxury fitness club operator, Equinox, opened their newest 40,000-square-foot facility in late 2016, and BDG Media Inc., parent company of online publications Bustle and Romper, just leased two floors.