High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Midtown New York  + Office  | 

Aurora, Wharton Reposition Fifth Avenue Office Building 

Aurora Capital and Wharton Properties have announced the completion of the repositioning of 511 Fifth Ave., an 18-story Beaux Arts building in Midtown.  

The building underwent a comprehensive redevelopment, including new infrastructure, renovated lobbies, and the introduction of amenities such as an 18th-floor penthouse with double-height ceilings and a mezzanine, a 9,000-square-foot amenity space, and pre-built office suites.  

JLL has been appointed as the exclusive leasing agent for the 160,000-square-foot property, which is located steps from Grand Central Terminal and Bryant Park. The repositioning aimed to transform the historic building into a modern office space while preserving its historic façade. 

Read More News Stories About: JLL
Connect

Inside The Story

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Development