BKD RELOCATING OFFICES WITHIN THE DURST ORGANIZATION’S PORTFOLIO

CPA and Advisory Firm BKD Signs Lease for 20,899 Square Foot Floor at 1155 Avenue of the Americas

The Durst Organization today announced that BKD, LLP signed a 13-year and seven-month lease for 20,899 square feet on the entire 12th floor at 1155 Avenue of the Americas. BKD is relocating from Durst’s 655 Third Avenue where they currently occupy a full floor. Loeb & Troper LLP joined BKD in July of 2018 and began their tenancy at 655 in 1994 taking 23,094 square feet.

1155 Avenue of the Americas was competed in 1984 and designed by Emery Roth & Sons. The building, LEED v4 Silver certified under the EBOM rating system (Existing Buildings Operations Maintenance), has undergone a $130 million capital improvement program. 1155’s upgrades include a new lobby, destination dispatch elevators, new windows and floor-to-ceiling glass at the building’s chamfered corners. In addition, an 8,000 square foot custom roof-top pavilion with wraparound terrace opportunity is currently available for a multi-floor tenant.

“We are proud to welcome BKD across town to their new home at 1155 Avenue of the Americas,” said Jonathan (Jody) Durst, President of The Durst Organization. “They have been a valued tenant for the past 25 years, and we are very pleased that they have chosen to stay within our portfolio and entrust their tenancy to us.”

BKD was represented by Senior Managing Director Daniel Katcher and Associate Brett Stein of Newmark Knight Frank. The Durst Organization was represented in-house by Senior Managing Director Rocco Romeo and Senior Leasing Associate Tanya Grimaldo.

BKD is a national CPA and advisory firm that can help clients reach their goals. They have 40 offices in 18 states, with trusted advisors who offer solutions for clients across the country and beyond. BKD’s expertise goes well beyond the standard accounting services to include risk management, technology, wealth management and forensic and valuation services. Their clients represent a wide range of industries, and BKD is even part of an alliance of firms that gives BKD a global reach.

The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers and over three million square feet of residential rental properties with 2,500 rental residences built, and over 3,500 rental residences in the pipeline. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings. [www.durst.org] (www.durst.org)