390 Park Avenue

In August 2018, the company entered into an off-market definitive agreement with the fee owner of this Park Avenue landmark to resolve ongoing litigation and distress at the building. The Company, along with partner Brookfield, assumed control of the asset in May 2020 and embarked on a major redevelopment of the property which was completed on time and on budget in February 2023, despite the complexities of executing such an ambitious redevelopment during the Pandemic. As of January 2025, the building has reached 80% occupancy.