The Durst Organization today announced that Consumer Reports has signed a two-year lease for 8,189 square feet on the second floor of 675 Third Avenue. 675 is the nonprofit’s first Manhattan location, and the new satellite office will serve to establish a presence in Midtown Manhattan. Consumer Reports is headquartered in Yonkers, New York.
675 Third Avenue is located at the northeast corner of 42nd Street and Third Avenue and steps from Grand Central Station. 675 Third’s recently completed capital improvement program continues The Durst Organization’s commitment to providing tenants with premier office properties. New windows improve the comfort level of tenants and significantly increase the energy efficiency of the building envelope, and replacement of original perimeter induction units also contribute to enhanced energy efficiency in addition to providing more precise climate controls. Other significant renovations include a new plaza with a zinc green wall feature, an updated entrance, refurbished lobby, and renovated elevator cabs.
“We are pleased Consumer Reports has selected 675 Third Avenue for their first Manhattan office,” said Jonathan (Jody) Durst, President of The Durst Organization. “675 is in the heart of Midtown Manhattan and provides Consumer Reports with a direct connection to their main office in Yonkers via Metro North. Soon, Long Island commuters will have direct access to Grand Central when the LIRR East Side Access project is completed later this year creating more options for accessing Third Avenue and Midtown East.”
The Durst Organization was represented in-house by managing director Lauren Ferrentino and senior managing director Ashlea Aaron.
Founded in 1936, Consumer Reports has a mission to create a fair and just marketplace for all. The new NYC CoLab space will provide an opportunity for CR’s staff to come together for team meetings, brainstorming, and collaboration.
Widely known for their rigorous research and testing of products and services, CR also surveys millions of consumers each year, reports extensively on marketplace issues with best-in-class journalism, and advocates for consumer rights and protections around safety as well as digital rights, financial fairness, and sustainability. CR is independent and nonprofit. Learn more at CR.org.
The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers and over three million square feet of residential rental properties with 3,400 rental apartments built, and over 3,500 in the pipeline. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings where people live, work, and thrive. www.durst.org
