Overview

New ownership has already turned their vision for 211 East 43rd Street, conveniently located in Midtown East between Second and Third Avenues, into a reality. Its planned repositioning program, including façade enhancements and upgrades to the sprinkler, fire and life safety systems, is nearing completion and complements the recently completed lobby, elevator cabs, mechanical improvements, and new windows. An ambitious tenant-friendly turn-key, pre-built program for full and partial floors appeals to a wide variety of traditional and TAMI tenants seeking open, light-filled space in an exceptional location.

Availabilities

Partial 24th 2,217 RSF PDF
Entire 18th - Terraces 5,954 RSF PDF
Partial 18th - North (Terraces) 2,620 RSF PDF
Partial 18th - South (Terraces) 3,334 RSF PDF
Partial 16th - B 4,855 RSF PDF
Partial 15th 3,965 RSF PDF
Partial 14th 2,403 RSF PDF
Partial 10th 3,291 RSF PDF

Owner:

CP/IPERS ALCHEMY 43rd STREET OWNER LLC

Exclusive Leasing & Management Agent:

Avison Young

Building Size:

215,000 SF

Amenities:

Includes on-site management, an adjacent park, co-working and conference facilities on‑site.

Location:

Block-through between East 43rd Street and East 44th Street between Third and Second Avenues.

Height/ Floor Size:

25 stories with usable terraces located on the 2nd, 8th, 18th, 23rd and 25th floors

Typical Floor Sizes:

Tower: 4,100 - 6,400 RSF
Mid Rise: 6,000 - 8,800 RSF
Base:10,700 - 11,900 RSF

Building Access/ Security

The Building has a manned Lobby security person in attendance 24 Hours/365 Days a year which is supplemented by a security camera system utilizing 32 cameras.

Fire Alarm:

"Class E" Fire Alarm System.

Renovation Summary:

Planned and completed building renovations include:

  • New windows
  • Lobby upgrade
  • New exterior façade
  • Energy effecient lighting
  • New HVAC systems

HVAC

Cooling is provided to the building by a chilled water system that consists of internal chillers built into a rooftop cooling tower. The building can also provide condenser water for tenant supplemental systems. Each floor has air handler units of approximately 20-tons each located within the mechanical closets on each floor.

Electricity

Power is provided by a 5,000-amp, three-phase, 120/208-volt building-owned main switchboard located in the basement.

Telecommunications Providers

The Property is served by several providers, including Verizon FIOS and Time Warner Fiber.

location

Just steps from Grand Central (with its multiple subway and commuter rail options) and the United Nations, 211 East 43rd is equally convenient to a wide variety of dining options from Michelin-rated sushi in the building to grab-and-go lunches and formal business dinners. Daily amenities abound making the building an ideal location for employees throughout the metropolitan area.

Team

Owner: A strategic partnership of alchemy-abr investment partners & clarion partners

Alchemy-ABR Investment Partners

Alchemy-ABR Investment Partners is the partnership of Alchemy Properties, one of New York's leading development and investment firms led by Kenneth Horn, Joel Breitkopf and Alex Saltzman, and ABR Partners, a New York-based real estate investment and development company led by Brian Ray. The company, founded in 2015, is a vertically-integrated real estate operating company and asset management platform harnessing the experience and insight of its individual partners to add value at each step of the investment process throughout the portfolio.
alchemy-abr.com

Clarion Partners

Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 35 years. Headquartered in New York, the firm has offices in Atlanta, Boston, Dallas, London, Los Angeles, São Paulo, Seattle and Washington, DC. With more than $43 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its 250 domestic and international institutional investors. More information about the firm is available at www.clarionpartners.com.

Exclusive Leasing & Management Agent

Avison Young

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,000 real estate professionals in 71 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.
avisonyoung.com

John D. Ryan, III

212.729.4971 email

Anthony Lopresti

212.729.3901 email

Henry Fuentes

212.729.4560 email