315 Park Avenue South

Prominent Midtown South property encompassing 325,000 sq. ft. bought through foreclosure process; the strategy for the asset centered on a complete reworking of the existing Credit Suisse lease covering most of the building; lease revisions provided operational and leasing control of the property while Credit Suisse paid rent; lobby, common areas and the building exterior were renovated; major tenants at the property upon sale included Credit Suisse, Oracle, Relativity Media and Staples; building was sold to a large domestic REIT.