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



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.

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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.

The 71,000-square-foot seventh floor, previously occupied by JPMorgan Chase 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.