Fisher Brothers Holds “Night on Park Avenue” Event at 299 Park Avenue
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FISHER BROTHERS HOLDS “NIGHT ON PARK AVENUE” EVENT AT 299 PARK AVENUE New York, NY (October 4, 2017) –– Fisher Brothers hosted more than 300 of New York City’s top brokers for its Night on Park Avenue event at 299 Park Avenue on September 13. The event showcased the iconic 42-story Plaza District tower, which is set to undergo a renovation starting in early 2018. During his remarks, Fisher Brothers Partner Winston Fisher noted that the firm’s work on 299 Park Avenue will be the final piece of an ambitious $165 million program to reimagine and modernize its entire 5.5 million square foot Manhattan office portfolio. “Each of our buildings has undergone or is currently undergoing an extensive renovation that goes much deeper than a standard refresh,” said Mr. Fisher. “We’ve worked with top designers and architecture firms to totally transform the aesthetic of our buildings with updated entrances, more welcoming lobbies, and enlivened outdoor spaces.” Mr. Fisher told those in attendance that the 299 Park Avenue project will include a reimagined lobby with a high-end design and more open feel; a transformation of the entrance that will allow natural light to fill the lobby; and an illuminated plaza backed by a new exterior lighting system. “Working with David Rockwell and his team, we are reinventing the building with a sleek, stylish design that truly reflects its prestigious Park Avenue address,” said Mr. Fisher. Fisher Brothers has appointed Newmark Knight Frank as the exclusive leasing agent for 299 Park Avenue. In conjunction with the Fisher Brothers leasing team, Newmark Knight Frank is currently marketing over 341,000 rentable square feet of office space across four contiguous floors at the building. Designed by Emery Roth & Sons and built by Fisher Brothers, 299 Park Avenue is a 42- story, 1.2 million square foot office tower which opened in 1967. The building is currently 90 percent leased by a range of world-class companies, including Capital One and UBS. Occupying the full block front between 48th and 49th Streets, 299 Park is situated along one of the world’s most iconic boulevards and counts such prestigious neighbors as the Waldorf-Astoria and Grand Central Terminal. Originally built over primary tracks serving the New Haven Railroad, it was considered a marvel of modern engineering at the time of its construction. The long-time corporate headquarters for the Fisher Brothers organization, 299 Park Avenue is widely regarded as one of the top Class A office buildings in New York City. About Fisher Brothers For more than a century, Fisher Brothers has epitomized excellence in commercial and residential real estate development, ownership and management. Fisher Brothers built and continues to own and operate a sterling commercial real estate portfolio encompassing seven million square feet of Class A office space located in such iconic towers as Park Avenue Plaza, 299 Park Avenue, 1345 Avenue of the Americas and 605 Third Avenue in Manhattan, as well as Station Place, which is Washington, DC’s largest private office complex. Fisher Brothers also has returned to its roots as a residential builder with nearly 1.5 million square feet in recent and ongoing development. In early 2015, Fisher Brothers celebrated the completion of Station House, a luxury rental development in Washington’s historic Capitol Hill District. In Manhattan, Fisher Brothers has recently completed development of House 39, an amenity-rich building at 225 East 39th Street and is developing 111 Murray, an ultra-luxury, high-rise condominium tower in Tribeca. ### Justina Lombardo Associate Vice President 825 Eighth Avenue, New York, NY 10019 Ph: 212 843 8343 / Fax: 212 843 9200 [email protected] .