Brookfield Properties and Waterman Interests, LLC said Wednesday that Lever House at 390 Park Ave. is now fully leased, following a $100-million renovation and restoration. Its current tenant roster includes leading global banks, hedge funds, private equity firms and distinguished family offices.
Having acquired Lever House in May 2020 during the height of the Covid-19 pandemic, Brookfield Properties and WatermanClark revitalized the asset with a clear objective: to seamlessly integrate the 1952-vintage building’s architectural legacy with the demands of a modern workplace.
“This redevelopment reflects our firm’s broader strategy of unlocking the potential of existing assets,” said Philip “Tod” Waterman III, CEO of Waterman Interests. “Lever House is a prime example of how thoughtful reinvestment, when paired with a deep understanding of tenant needs, can reposition a property to compete at the highest level in today’s market.”
Added Brookfield managing partner Loren Young, “Our revitalization of Lever House has created an elevated benchmark for premier office and hospitality space in Midtown Manhattan.”
