300 East 42nd Street, New York, NY

HPP, in partnership with Meadow Partners and Somerset Partners, acquired 300 East 42nd Street. An 18 story, full block 235,000 SF office building located in Midtown Manhattan. The partnership completed a comprehensive $12MM+ value-add capital improvement program featuring facade enhancements, modernized mechanical systems and upgraded elevators, basement amenity space, and an upgraded lobby experience and renovation with a canopy entrance. Multiple luxury pre-built suites were also completed.

Location: New York, NY.
Square Footage: 237,000 sq. ft.
Date Acquired: August 2019

300 East 42nd Street, Hill Property Partners