NEW YORK CITY – A $15 million capital improvement plan is underway for 211 East 43rd St., a 210,000-square-foot office property located in Manhattan’s Midtown East neighborhood. The plan includes updating the building’s common areas and strategically attracting new media and tech firms. Meadow Partners, a real estate investor and asset manager with offices in New York City and London, acquired 211 East 43rd St. in March 2013. The company plans to bring it to a standard that is comparable to other Class A buildings in the Midtown East neighborhood. In addition, William Cohen and David Emden of Newmark Grubb Knight Frank were retained as the leasing agents for the property. Starting in 2013, Cohen began executing a new leasing strategy for the property and secured seven transactions totaling nearly 60,000 square feet. New tenants include AWS Construction, Caliber Associates, the Costa Rican Mission to the United Nations, Reger Designs Inc., Rennert International, the Republic of Mauritius Mission to the United Nations and Set Physical Therapy.
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