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Broadway property gets a $81M capital improvement.


The first phase of an $81-million capital improvements program at W&H Properties' 1400 Broadway--a top-to-bottom lobby renovation--is now complete, announces Michael Frantz, director of Newmark Knight Frank, the building's managing and leasing agent.

The lobby and entrance of 1400 Broadway, originally designed by Ely Jacques Kahn Ely Jacques Kahn (1884 - 1972) was an American commercial architect most active in New York City between 1925 and 1931.

Kahn was born in New York, the only son of a prosperous Austrian and French Jewish family. He attended Columbia University.
 in 1931, was redesigned by Fifield Piaker Elman Architects, who incorporated many of the existing Art Deco art deco (ärt dĕkō`; är dākō`, ärt) or art moderne (är môdĕrn`, ärt)  architectural elements.

The renovation features walls clad in book matched Italian marble panels, a new decorative ceiling composed of precast pre·cast  
adj.
Relating to or being a structural member, especially of concrete, that has been cast into form before being transported to its site of installation.
 fiberglass reinforced gypsum gypsum (jĭp`səm), mineral composed of calcium sulfate (calcium, sulfur, and oxygen) with two molecules of water, CaSO4·2H2O. It is the most common sulfate mineral, occurring in many places in a variety of forms.  panels and moldings, two new concierge desks with 24/7 security and new high-efficiency lighting.

At the lobby entrance, a new bronze and nickel clad storefront and canopy has been installed, framed by new granite pilasters to match the original exterior stone.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 firm principal David Piaker, AIA AIA - Application Integration Architecture , the completed design "restores the lobby and entrance to its former splendor while incorporating state-of-the art technology."

Mr. Frantz notes that the renovations are attracting a great deal of attention among prominent apparel and fashion firms.

"These firms recognize that the property now offers far more than convenience for employees and buyers," he says. "Thanks to the improvements program, it now offers a professional, modern, and aesthetically pleasing environment with Class-A amenities."

Additional phases will follow.
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Comment:Broadway property gets a $81M capital improvement.
Publication:Real Estate Weekly
Date:Aug 13, 2008
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