60 EAST 42ND STREET REPOSITINED AS ONE GRAND CENTRAL PLACE

NEW YORK CITY — W&H Properties has recently completed the repositioning of 60 East 42nd Street to One Grand Central Place. The building not only changed names, but underwent an $85 million upgrade program. The renovation included new windows, renovated elevators, renovated air-conditioned public corridors and restrooms, and upgraded building-wide systems. The building also features a visitor center, a tenant conference center, a messenger center and a law library. The 55-story tower includes tenants such as ABS and Gibbs & Soell. The facility offers direct in-building access to Grand Central Terminal, as well as to the 4, 5, 6, 7 and Times Square shuttle subway lines. One Grand Central Place is owned by a partnership led by Peter L. Malkin and Anthony E. Malkin. Available space at One Grand Central Place ranges from partial floors of 1,200 to 8,000 square feet to full floors of 9,500 to 47,589 square feet. Newmark Knight Frank is the exclusive managing and leasing agent for the property.