OC Development Management (OCDM) says it is nearing the halfway mark of construction on the base building redevelopment of 368 Ninth Avenue in Midtown West.
OCDM is working with landlord Nuveen Real Estate to renovate and revamp the building’s lobby and ground floor, as well as complete upgrades to the building’s façade and create a brand new, 2,000 sq. ft. rooftop amenity space on the top floor. The entire project is expected to be completed in the third quarter of 2019.
Originally built in 1930 by Sears Roebuck & Company as a combination warehouse and office building, the property was acquired by Nuveen Real Estate from the Feil Organization and Savanna in late 2014.
OCDM’s work has paved the way for WeWork’s new 236,000 sq. ft. location at the building, which was the largest co-working transaction completed in New York City in 2018. In addition to serving as Nuveen’s CM, OCDM recently completed the construction of the first two floors of the WeWork lease.
“We are thrilled to be working with both Nuveen Real Estate and WeWork to enliven the street presence and amenity areas of this prominent Midtown West building,” Jonathan Ninnis, OCDM principal and president, said in a statement.
The construction management team at 368 Ninth Avenue includes OCDM’s Ninnis, vice-president of construction John McGrath, senior project manager Michael Guarasci, project manager George Yosifides, senior superintendent Dennis Ohel, and senior project superintendent Peter Turski.
The project management/owner’s representation team consists of OCDM’s principal and director of project management Jamil Lacourt and project manager Brendan Graham.