Office rehab roundup: BXP and BNY Mellon finish projects

Boston Properties, on November 24, formally completed a $7.5 million multi-floor build-out of an office building, known as the General Motors Building, at 767 Fifth Avenue in the Plaza District.

The plans, pre-filed on June 19, 2019, call for a build-out of floors 19 and 20 of the 500-foot tall, 50-story building.

The project is described in the filings as: interior demo and build-out of partitions, ceilings and doors. No change in use, egress or occupancy. The initial cost as reported in the DOB filing for the work described in this permit application is $7,500,000.00.

Gensler was the architect for the project.

Boston Properties purchased the 1.8 million-square-foot office tower for $2.9 billion in 2008 from Harry Macklowe, who lost it as a result of the 2008 financial crisis.

Direct link to Acris document. LINK

Direct link to DOB document. LINK

The Bank of New York Mellon Corporation, on November 24, formally completed a $7.3 million rehabilitation of one floor of 101 Barclay Street in Tribeca.

The plans, pre-filed on August 3, 2018, call for a rehab of the sixth floor of the 348-foot tall, 23-story building.

The project is described in the filings as: installation of interior non bearing partitions and related finishes on the sixth floor as shown on plans filed herewith. No change in use, egress, or occupancy. The initial cost as reported in the DOB filing for the work described in this permit application is $7,341,492.00.

Gensler was the architect for the project.

The property was acquired for $352 million on September 26, 2018 from the City of New York.

BNY Mellon had occupied the office building, also known as 240 Greenwich Street, for more than 30 years before they acquired the ground lease for the building in 2013 for $164.4 million and then purchased the land fully in 2018.

Direct link to Acris document. LINK

Direct link to DOB document. LINK