Welcome to the rebranding party!
Nuveen Real Estate is re-positioning 780 Third Ave. as The Gardens at 780, capping a $40 million, “biophilic” upgrade of the 512,000 square-foot office tower at East 48th Street that was originally the Wang Building.
It’s the latest move by a major landlord (Nuveen boasts $152 billion in assets under management) to make a 20th-century office tower more appealing in the post-pandemic 21st century.
Design firm A + I oversaw the project to bring nature and greenery to tenants. Nuveen, which has owned the 1983-vintage, granite-clad tower since 1999, is completing extensive interior amenities that include a state-of-the-art gym and wellness center, a tenants’ cafe and lounge and conference rooms.
Nuveen has exploited the tower’s deep setback on the avenue to create a 12,000 square-foot public mini-park to open in June. David Morton’s hospitality group DMK will launch a restaurant and oversee the entire building’s food and beverage program.
Nuveen director of office and life science Brian Wallick said the changes and additions “will provide tenants with a model post-pandemic work environment in the heart of Midtown East.”
Nuveen is completing extensive interior amenities that include a state-of-the-art gym and wellness center, a tenants’ cafe and lounge and conference rooms. A+I/hypertectureCurrent office tenants include financial firms Olive Tree Holdings, Lincolnshire Management and Baillie Gifford. The tower is 64 percent leased. Asking rents range from $68 -92 per square foot.
CBRE vice-chairman Paul Amrich is the leader of the leasing team.





