Durels tells GlobeSt.com that SL consistently reinvests in its buildings. "Consequently the timing of these particular capital programs is driven by pending lease expirations at 810 Seventh and 711 Third avenues and a recent acquisition at 16 Court St." Durels explains that asking rents are $35 per sf to $40 per sf at 16 Court St., $65 per sf to $90 per sf at 810 Seventh Ave. and $65 per sf at 711 Third Ave.
 16 Court St. |
A $7-million renovation of the lobby and elevator cabs is underway at 711 Third Ave., a 20-story, 553,000-sf tower located near Grand Central Terminal. Key elements of the renovation include new polished Thassos and Blue deSavoi Marble walls, a new polished Austiri Quartz floor, museum quality lighting, new elevator cabs, security systems featuring optical turnstiles, and a new visitor access system. The building's Third Avenue entrance will be expanded to the building line and a new entrance canopy will be added. According to a prepared statement, the most challenging aspect of the renovation is restoring Hans Hofmann's mosaic mural, which surrounds the elevator banks. Locally based TPG Architecture is managing the restoration process. Tenants in the building include Crain's New York Business, Omnicom, Parade Publications, Ricoh Corp., and Chicago Title Insurance Co.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
