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Global Holdings Wraps Work on 99 Park Avenue Repositioning

Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has completed its $30-million strategic repositioning of 99 Park Ave., a 600,000-square-foot Class A office tower near Grand Central Terminal. Designed in partnership with national architecture and interior design firm Vocon, the program reimagines the building’s arrival experience while honoring the building’s Art Deco heritage.

“The repositioning of 99 Park Avenue fully integrates design and functionality, creating an environment that brings a dynamic and unmatched experience to tenants,” said Chris Roth, COO and head of office asset management, Global Holdings. “Building on successful repositionings across our portfolio, 99 Park Avenue was designed to evoke a strong sense of arrival, with interiors that feel energetic and sophisticated.” 

99 Park Ave. is currently 97% leased. Recent leases have included wealth management firm Cerity Partners and real estate company Southern Land Company.         

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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