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Deals of the Day: March 26

General contractor moving headquarters to Durst building

Publication Crain's New York Business
Date 2024-03-26
Author Julianne Cuba

Clune Construction to move New York City headquarters

Clune Construction, a national general contractor, will move its New York City headquarters to Midtown East office building 655 Third Ave The approximately 23,400-square-foot-space comprises the entire 10th floor of the building. Asking rent was $69 per square foot. The landlord, The Durst Organization, was represented in-house by Tom Bow, Ashlea Aaron and Bailey Caliban. The contractor was represented by Savills’ John Mambrino and Nicholas Farmakis. Clune Construction previously had its New York City headquarters at 405 Lexington. Their new location at 655 Third Ave. is a 30-story, 425,000-square-foot property that features a renovated lobby, double-glazed windows that deflect glare…

Publication New York Business Journal
Date 2024-03-26
Author Julian Nazar

Mass Transit, Renovations and Bargain Prices Drive Demand Along Third Avenue

In the morning before the first games of March Madness tipped off, a purposeful murmur arose among the employees of Genius Sports The technology firm, which provides data management to sports leagues and betting companies, moved its offices into the 26th floor of the Durst Organization-owned tower at 825 Third Avenue six months ago. An assortment of dollar figures had been scrawled on white boards in conference rooms as workers on March 21 spoke in hushed tones about the upcoming matchups. Analyzing who would advance in the annual college basketball tournaments was the kind of task that could have been…

Publication Commercial Observer
Date 2024-03-25
Author Aaron Short

Clune Construction Relocates HQ to 655 Third

The Durst Organization announced that Clune Construction is relocating its NYC headquarters to 655 Third Avenue near Grand Central, leasing the entire 10th floor. This move, alongside Empire State Development’s lease, has increased the building’s occupancy from 52% to 85% The Durst Organization was represented in-house by Tom Bow, Ashlea Aaron, and Bailey Caliban. Clune was represented by John Mambrino and Nicholas Farmakis at Savills. “Well-maintained office buildings with excellent access to public transit continue to attract top-tier tenants,” said Jody Durst, president of The Durst Organization. The building’s LEED Gold certification underscores its sustainable features, including green roofs and…

Publication Connect CRE
Date 2024-03-25
Author Emily Fu

Clune Construction Relocating New York Headquarters to The Durst Organization's 655 Third Avenue

The Durst Organization announced today that Clune Construction is moving the national general contractor’s New York City headquarters to 655 Third Avenue, taking the entire 10th floor.

Date 2024-03-25
Author The Durst Organization
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