SL Green, which owns 100 Park Avenue in partnership with Prudential Real Estate Investors, and serves as manager of the property, hired ACC Construction to build out the 31st floor for a new tenant, Arsenal Capital Partners.
ACC worked closely with a design team to produce a suite of offices for the investment banking firm.
Edward V. Piccinich, executive vice president at SL Green, said, “We recognize that the professionals we work with are top notch, utilizing their skill sets to add value at the property that has received the highest accolades for us and our tenants.”
LB Architects often works with SL Green on base-building fit-outs, and this was the case at Arsenal as well.
David Silverman and Rachel Goldfarb of LB explained that they worked with Arsenal on the space plan and programming, then they adapted SL Green’s “platinum standard” finishes, specifically using glass front offices with wood doors, carpeting, ceiling tiles with basket lights throughout the office area and gypsum ceilings with down lights in the reception area and conference rooms.
The space has views in all four directions, and the plan hits a mix of public spaces and private offices along the perimeter of the floor.
Judy Reid, an interior designer, was brought in to help with the furniture and soft goods; she had worked for one of the Arsenal partners privately and he thought she would make a great contribution to the decorating.
Working with the existing palette, Reid was challenged to find a balance; Arsenal wanted an open, light space that was neither too traditional, too high-tech nor too stark and minimal. As an extra touch, Reid hired NY Plants Designs Ltd., a faux floral specialist, who set up faux wheat grass along the lateral files and chose an elegant silk arrangement in the reception area.
One of the most important decisions Reid made was to keep the lateral files no higher than the work station separators. Because the outer executive offices are all glass-walled, even the most interior areas are open to the views. In Reid’s words, “Everything was geared to the view and to creating a feeling of openness.”
The partners understand that they have a priceless asset in a bird’s eye view of the top of the Chrysler Building, and everyone who walks in sees it immediately upon entering.
Arsenal worked with an independent curator, Carol Dorsky on artwork for the space.
SL Green’s portfolio is moving toward USGBC’s LEED certification standards in all of its buildings, including 100 Park, which received the first LEED-EB silver designation in Manhattan.
Accordingly, the appliances in the pantry are all Energy-Star rated for maximum efficiency, the lighting is energy efficient, the broadloom carpeting is consistent with LEED guidelines and the paint is low-VOC. The glass used in the partition walls is made by local manufacturers.
ACC built the space in eight weeks, an aggressive schedule that included both the “platinum standards” of the building as well as the tenant’s upgrades.
Michele Medaglia, CEO and president of ACC Construction, commented, “SL Green has invested in the lobby and building systems at 100 Park Avenue, allowing them to attract A+ tenants, firms like Arsenal. We are delighted to be able to deliver a really high-end interior for both the building and the tenants; when it goes well, everyone looks good, and in this case there was great cooperation and communication among members of the team.”