{"id":27159,"date":"2020-03-24T15:51:37","date_gmt":"2020-03-24T13:51:37","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=27159"},"modified":"2025-07-22T15:57:14","modified_gmt":"2025-07-22T12:57:14","slug":"gorjian-192-lexington-renovation","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/gorjian-192-lexington-renovation\/","title":{"rendered":"Gorjian Wraps Up NoMad Office Building Renovation"},"content":{"rendered":"<p>Gorjian Real Estate Group announced the update of the 123,000-square-foot Art Deco building at 192 Lexington Avenue. Built in 1926, the <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ny\/manhattan\/midtown-manhattan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Midtown Manhattan office space<\/a>\u2015which provides access to several subway lines, commuter railways and bus lines on Third Avenue and East 34th Street\u2015previously underwent <a href=\"https:\/\/www.metro-manhattan.com\/buildings\/192-lexington-avenue\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">a cosmetic renovation in 2007<\/a>.<\/p>\n<div id=\"attachment_27160\" style=\"width: 250px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-27160\" class=\"size-medium wp-image-27160\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/192-lexington-avenue-240x300.jpg\" alt=\"Midtown Manhattan office building\" width=\"240\" height=\"300\" \/><p id=\"caption-attachment-27160\" class=\"wp-caption-text\">192 Lexington Avenue, New York<\/p><\/div>\n<p>Gorjian began its rehabilitation efforts after it acquired the 17-story property in 2018 for $89 million. As part of the renovation, the building\u2019s lobby was clad in light gray Italian stone, a glass mosaic was installed across from the entryway, and the reception desk and elevator were covered in black leather panels. Additionally, Mattress Firm\u2015one of the property\u2019s tenants\u2015<a href=\"https:\/\/commercialobserver.com\/2020\/03\/an-art-deco-office-tower-in-midtown-south-gets-a-modern-update\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ceded roughly 200 square feet<\/a> of its ground floor retail space to allow for the creation of a <a href=\"https:\/\/www.metro-manhattan.com\/blog\/renovation-underway-at-192-lexington-avenue-in-midtown-manhattan\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">double-wide glass entrance and 25-foot-high ceilings<\/a>.<\/p>\n<p>Upstairs, the 14<sup>th<\/sup> floor now boasts new, glass-walled conference rooms, illuminated by LED fixtures, as well as modern kitchens with white islands and black cabinets and appliances. Furthermore, previously under-utilized space on the 14<sup>th<\/sup> and 16<sup>th<\/sup> floors has been converted into terraces, bordered by new glass walls for increased daylight.<\/p>\n<p>The property at 192 Lexington Avenue is currently 85% leased, which proved to be a challenge during the renovation process. Tenants include architecture and design firm Gustavson\/Dundes, custom glass curtainwall manufacturer Benson Industries, and leading foodservice design consulting firm Jacobs Dolan Beer. Gorjian hired Newmark Knight Frank\u2019s David Falk, Alex Leopold, Eric Cagner and Bernard Weitzman to market the 16<sup>th<\/sup> and 17<sup>th<\/sup> floors of the newly restored office tower as a penthouse with a landscaped roof deck.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gorjian Real Estate Group announced the update of the 123,000-square-foot Art Deco building at 192 Lexington Avenue. Built in 1926, the Midtown Manhattan office space\u2015which provides access to several subway lines, commuter railways and bus lines on Third Avenue and East 34th Street\u2015previously underwent a cosmetic renovation in 2007. Gorjian began its rehabilitation efforts after&hellip;<\/p>\n","protected":false},"author":56,"featured_media":27163,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,4014,39],"tags":[],"class_list":["post-27159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gorjian Wraps Up NoMad Office Building Renovation - CommercialCafe<\/title>\n<meta name=\"description\" content=\"Gorjian began its rehabilitation efforts after it acquired the 17-story property in 2018 for $89 million. 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