Design + Construction  ·  Construction

Check Out Former Bear Stearns Space, Converted to Monday Properties Marketing Center at 230 Park Avenue

By April 12, 2013 10:00 am
reprints

CO Page 38 - The PlanBuilt in 1929 by the same architects hired by the Vanderbilt family to construct Grand Central Terminal, 230 Park Avenue has been updated for modern tenancy.

LEED Gold rated and awarded an EPA Energy Star in 2008, the 1.4-million-square-foot property, owned by Monday Properties and Invesco and co-brokered by Jones Lang LaSalle, has been on the forefront of real estate sustainability practices and is the first prewar building in New York to receive those distinctions.

SEE ALSO: Partial Office-to-Residential Conversion Planned for 2 Wall Street

The 71,000-square-foot seventh floor, previously occupied by JPMorgan Chase (JPM) and its predecessor Bear Stearns, has been redeployed as a marketing center to allow chief executives and other decision-makers the opportunity to see facilities in a predominantly raw space. Jordan Berger of Monday Properties spoke with The Commercial Observer about the space.

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