PARTNER: Assurant (NYSE: AIZ)
LENDER: Assurant (NYSE: AIZ)
BUILDING SQUARE FOOTAGE: 79,750 square feet
Hidrock Properties acquired this 12-story neglected office building with Assurant (NYSE: AIZ) in December of 2007. Upon taking ownership, Hidrock began building renovations by adding a new lobby, new windows, new elevators and a state of the art boiler. Additionally, Hidrock provided custom build-outs with column free space, high ceilings and brand new bathrooms throughout.
The mix of tenancy at this building now includes branding consultants, advertising firms, software companies and high-end apparel and accessories showrooms. The building was awarded an Energy Star label in 2012 for its operating efficiency and is conveniently located within walking distance to Penn Station, Port Authority, Grand Central Station and most major subway lines.
Amenities include a doorman, 24/7 key-card access and
multiple high speed internet providers including fiber.
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