CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield and Northwood Investors Announce Completion of Capital Improvements at 1180 Avenue of the Americas

Jayden Lapin-Tatman • 5/9/2022

New York, NY – Cushman & Wakefield and Northwood Investors announced today the completion of capital improvements at 1180 Avenue of the Americas, a 398,937-square-foot boutique office building in Midtown Manhattan. The capital improvements include one of the largest common outdoor terraces in Midtown.

Designed by Gensler, the capital improvements include a completely renovated main entrance, 1180-Ave-of-the-Americas-2lobby and a new modern façade. The state-of-the-art penthouse amenity center features a 3,500-square-foot oversized terrace with wrap-around views of Midtown and 4,000 square feet of interior space with two large conference room and lounge areas. Ownership modernized the elevators, both mechanicals and interiors, and raised one elevator cab to reach the penthouse amenity center directly. To meet the immediate needs of tenants, ownership embarked on a spec-suite program to provide high-end, move-in ready space.


A Cushman & Wakefield team consisting of Bryan Boisi, Mark P. Boisi, Harry F. Blair, Sean N. Kearns and Michael Baraldi are marketing leasing opportunities ranging from 5,000 square feet to 250,000 square feet on behalf of the landlord, Northwood Investors.

“Northwood Investors has invested significantly in transforming 1180 AofA into the top creative, boutique building in Midtown,” said B. Boisi. “The top floor penthouse amenity center delivers a best-in-class tenant amenity package with a large terrace that meets the needs of tenants looking for an exciting outdoor space for their employees and clients. With the renovations completed, we are excited to bring an offering unique to Midtown that has a palpable creative energy.”

“The location of this property is incredible and the design of the building allows for the conversion of expansive setbacks to private terraces, which is a rare feature among office buildings on this avenue,” added M. Boisi.

The property’s floor plates range in size from 10,000 square feet to 24,000 square feet which, combined with the side-core structure of the building, allow for significant versatility and mix of tenant uses. The property also has signage opportunities and the possibility for a building-within-a-building for tenants looking for ultimate exclusivity.

There are currently multiple leasing opportunities available in the building, including blocks ranging from 25,000 to 250,000 square feet and a pre-built program.

 

Photos of the asset can be downloaded here.

About Northwood Investors
Northwood Investors LLC (“Northwood Investors”) is a privately-owned, employee-held, SEC registered investment advisor. The firm, which was founded in 2006, owns and operates real estate across the US and Europe. Northwood currently manages approximately $10 billion of assets. Northwood's flagship fund seeks to opportunistically acquire well-located real estate with a plan to create value through hands-on asset management. Northwood is vertically-integrated with in-house operating teams across the office, multifamily, retail, logistics, and hospitality sectors. Please visit www.northwoodinvestors.com for more information.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS