Posted Feb 10, 2014, 7:08 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,747
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http://www.bloomberg.com/news/2014-0...eet-tower.html
Brookfield Plans $200 Million Makeover of NYC 33rd Street Tower
By David M. Levitt
Feb 10, 2014
Quote:
Brookfield Office Properties Inc. (BPO) plans a $200 million makeover of its tower at 450 W. 33rd St. on Manhattan’s far west side, including a new glass skin for the building.
The property will be integrated with Brookfield’s Manhattan West project, the company said at a press briefing today. Brookfield plans to construct a deck over the Dyer Avenue
Lincoln Tunnel entrance that would enable the tower to connect with the larger development.
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http://www.marketwatch.com/story/bro...k=MW_news_stmp
Brookfield Office Properties to Commence $200-Million Redevelopment of 450 West 33rd Street
New Glass Skin and Street-Front Retail Designed by Joshua Prince-Ramus of REX; Property to Be Integrated Into 7-Million-Square-Foot Manhattan West Development
February 10, 2014
Quote:
A $200-million redevelopment of the adjacent 450 West 33rd Street office building, to be known as Five Manhattan West, will modernize and fully integrate the 1.8-million-square-foot building through an exterior recladding and interior renovation program.
"Manhattan West is a vital mixed-use real estate development and the redeveloped 450 West 33rd Street gives the urban campus even greater depth and diversity," said Dennis Friedrich, chief executive officer of Brookfield Office Properties. "The building's unique mix of high ceilings and large, open floorplates are especially attractive to companies seeking this type of collaborative, 'loft-like' space."
The architectural firm REX designed the redevelopment of Five Manhattan West, including a new pleated glass facade which will create floor-to-ceiling windows on every floor, maximizing daylight penetration while reducing solar gain through geometric 'self-shading.' The interior program includes a redesigned lobby, upgraded and expanded elevators, and enhanced HVAC and other mechanical systems. New retail storefronts will provide a welcoming streetscape. The renovation is expected to be completed in 2016.
"We believe that maximizing the potential of our urban cores' existing vitality and infrastructure must be the basis for any definition of sustainability," commented Joshua Prince-Ramus, Principal at REX. "We are therefore thrilled to be involved with the repositioning of this significant, 44-year-old Manhattan landmark adjacent to Penn Station and at the heart of several major developments in Midtown."
Mr. Prince-Ramus has been credited as one of the "5 greatest architects under 50" by The Huffington Post, one of the world's most influential young architects by Wallpaper*, one of the twenty most influential players in design by Fast Company, and listed among "The 20 Essential Young Architects" by ICON magazine.
450 West 33rd Street was acquired by Brookfield in 2011. It is one of only eight office buildings in Manhattan to offer more than 100,000 square feet of contiguous space on a single floor. The property's footprint stretches from West 31st to West 33rd Streets, taking up a half block between Dyer & 10th Avenues. In addition, the numerous loading bays provide the opportunity to create a private entrance for tenants.
The five-acre Manhattan West campus will also include two new premium-grade office towers, a luxury residential tower, retail and a two-acre park. Located steps away from the High Line, it also will feature a boutique six-star hotel, health and fitness facilities, rooftop gardens and multiple restaurants and cafes.
A team led by Bruce Mosler and Josh Kuriloff of Cushman & Wakefield is the exclusive leasing agent for office space at Manhattan West, including 450 West 33rd Street.
Brookfield kicked off development at Manhattan West in January 2013 with the construction of a platform scheduled to be completed in late 2014.
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