New York, NY – February 15, 2024 –The Durst Organization announced today that [Dimension Renewable Energy (Dimension)] (https://www.dimension-energy.com/) has selected [825 Third Avenue] (https://www.825thirdavenue.com/) for its new office. The leading solar energy developer and operator secured the entire 18th floor of the building, spanning 11,054 square feet.
“We are proud to add Dimension Renewable Energy to our tenant roster at 825 Third Avenue, especially given our shared commitment to sustainability,” said Jody Durst, President of The Durst Organization.
Dimension joins a variety of tenants at 825 Third Avenue including Genius Sports, Beveridge & Diamond, Gotham Asset Management, Liminal Strategy Partners, National Bank of Egypt, Hodes Weill, and Toyota Tsusho America Inc. In addition, [Rosemary’s] (https://www.rosemarysnyc.com/), known for its airy, urban farmhouse ambiance, beloved Italian food, and neighborly hospitality, will open a new restaurant on the ground floor of the building as well as cater the building’s Well& by Durst full-floor amenity space.
The 530,000-square-foot 825 Third has just completed a $150 million capital improvement program focused on performance, tenant comfort, modern aesthetics, and sustainability. This includes:
Conveniently situated blocks from Grand Central in the heart of Midtown East, 825 Third Avenue benefits from a unique combination of readily accessible transit, ample neighborhood amenities, and a thriving business environment.
The Durst Organization was represented in house by Tom Bow, Ashlea Aaron, and Bailey Caliban. Dimension was represented by Greg Maurer-Hollaender and James Ackerson of CBRE.
About the Durst Organization
The Durst Organization, founded in 1915 by Joseph and Rose Durst, is the owner, manager, and builder of 13 million square feet of premier Manhattan office towers and over three million square feet of residential rental properties, with 3,400 rental apartments built and several thousand units 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 where people live, work, and thrive. www.durst.org.
About Dimension Renewable Energy
Dimension Renewable Energy is a leading developer, owner, and operator of turn-key community solar solutions, having deployed more than 250 megawatts and $400 million into clean energy assets since its founding in 2018. Dimension plans to invest an additional $2.5 billion over the next five years, with more than 2.2 gigawatts of projects currently under development across 11 states. Dimension fosters long-term partnerships with each community it serves, investing in local green job creation through workforce training programs and STEM education. For additional information about Dimension, please visit www.dimension-energy.com.
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