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MADISON, N.J. — The Hampshire Companies has begun the repositioning of 175 Park Avenue, a 280,000-square-foot office building located in Madison. Architecture firm Kohn Pederson Fox is overseeing the redesign of the building. Amenities will include a fitness center, a full-service café and conference facilities. The project will seek LEED-Silver certification, with sustainable features such as a green room and energy-efficient mechanical systems. Completion is slated for the second quarter of 2012. Newmark Knight Frank is serving as leasing agent.