NEW YORK CITY—JLL has been selected by TIAA-CREF as the exclusive office leasing agent and property manager for 685 Third Ave.
The team overseeing the assignment for the 646,422-square-foot, Class A office building is led by Peter Riguardi, president of New York tri-state operations and Matthew Astrachan and Frank Doyle, vice chairmen; and includes Jonathan Fanuzzi, EVP; Clark Finney and Daniel Kollar, SVPs. Property management services will be led by Matt Duthie, managing director of JLL's New York property management group.
Newly renovated, the building was originally two separate towers, giving it two cores with multiple sets of elevators and fire stairs, Astrachan tells GlobeSt.com. "What that allows tenants to do in this new era of densification is put more employees on a floor and still meet fire codes without having to file for a variance. You could get down to 50 square feet per person, which is close to double what you can do in a typical building. Hopefully that allows tenants to create spaces that are conducive to collaboration and are more productive."
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
