2<\/p>\n
NEW YORK CITY \u2014 The Korea International Trade Association (KITA) has begun the $200 million redevelopment of 460 Park Avenue, a 22-story office building at the thoroughfare\u2019s intersection with East 57th Street in Midtown Manhattan. Upon completion, the building will offer 350,000 square feet of Class A office space.<\/p>\n
According to the development team, the building, which was originally constructed in the mid-20th century, is \u201cbeing returned to its original steel structure and rebuilt with state-of-the-art infrastructure.\u201d Within this framework, plans call for upgrades to the lobby, elevators, fa\u00e7ade and utility systems.<\/p>\n
More specifically, the revamped lobby will feature hospitality-driven amenities that are \u00a0\u201ccentered on activating terraces and outdoor space, creating a seamless connection to the outdoors for tenants.\u201d The project will also introduce a formal amenity suite with conference and event spaces, as well as lounge, dining and wellness areas.<\/p>\n
The project team is also targeting certain designations \u2014 LEED Gold, WELL certification and WiredScore Platinum \u2014 for its utility systems and infrastructure. KITA has also tapped JLL to lease 460 Park Avenue upon completion of the redevelopment, which is scheduled for mid-2028.<\/p>\n
\u201cWe are reimagining 460 Park Avenue with a focus on quality, performance and experience, delivering a workplace defined by natural light, modern infrastructure and thoughtfully integrated indoor-outdoor space,\u201d says Jimin Paik, president of the Hahn Kook Center, an affiliate of KITA. \u201cThe result will be a boutique workplace of enduring quality that reflects the prestige and purpose of Park Avenue itself.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"2 NEW YORK CITY \u2014 The Korea International Trade Association (KITA) has begun the $200 million redevelopment of…\n","protected":false},"author":2,"featured_media":306760,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75,84,83,9,24,63],"class_list":["post-306759","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/306759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=306759"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/306759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/306760"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=306759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=306759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=306759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}