The Brodsky Organization is renovating and repositioning 157 Columbus Avenue following the departure of longtime tenant Walt Disney Co., The Commercial Observer has learned.
The renovation is the first at the Upper West Side office building since it was built 30 years ago, in 1983 – the same year Walt Disney signed its lease there.
Ownership hired architecture firm Davis Brody Bond LLP to design the new lobby, elevator cabs, bathrooms, and upgraded building infrastructure, while a team from Cushman & Wakefield will resume its leasing efforts on the roughly 70,000 square feet of available space after the renovations, expected to conclude this summer, are complete.
“We’re looking forward to repositioning this premier office building to the market and anticipate great interest from tenants seeking high-quality space in a convenient West Side location,” said C&W’s Josh Kuriloff, who will head the leasing with Jodi Roberts and Drew Braver.
The property is located within close proximity to the Time Warner Center, several hotels and restaurants, and major public transportation. The floors have windows on all sides, some with views of Lincoln Center, and floor plates that can be divided.
Rents in the building most recently ran at $48 per square foot.
The Brodsky Organization has developed more than 7,400 apartments in 76 buildings across Manhattan during its 60-year history and develops and manages condominiums, commercial, mixed-use and retail spaces.