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Twentieth Century office towers cant survive in the Twenty-First on their historic reputations, architectural distinction or landmark status.

Companies today place a higher value on an older propertys contemporary assets such as state-of-the-art systems and high-end amenities that are for tenants use only.

The latest trophy building to complete a transformative repositioning is Harbor Group Internationals 51 W. 52nd St., the fabled former home of CBS known as Black Rock.

It was the first and only office tower by architect Eero Saarinen, who designed the landmarked TWA Terminal at John F. Kennedy Airport.

The $128 million Black Rock project brought the distinctive tower on the East Side of Sixth Avenue a plush, lounge-like tenants-only lobby on the 52d Street side and a modernized public lobby on 51st Street.

But only tenants enjoy the projects fun component — a cellar-level amenity suite including a state-of-the-art fitness center, a yoga room and a cafe.

All the changes helped generate 325,000 square feet in new and renewal leases that brought the towers 900,000 square feet to nearly 90% leased since HGI bought it for $760 million in October 2021 — no small feat after original owner CBS moved most of its offices out a few years ago.

CBS was the most powerful media company in the world when the tower opened in 1964, said Howard Fiddle, head of the CBRE leasing team. It was so ahead of its time with column-free floor plates.

Black Rocks smallish, 25,000 square-foot floor plates, which result from the way the tower is set deeply back from the street line, make it more of a boutique building than is normal on Sixth Avenue. The floors get natural light through floor-to-ceiling windows, Fiddle said.

The towers notable tenants include law firm Wachtell Lipton Rosen & Katz and Canadian pension fund CPPIB, which just moved into the top two floors.

About 135,000 square feet remain available. Asking rents range from $90 per square foot on lower floors to $140 psf on higher ones.

Although not a household name in the city, HGI and its affiliates control a $20 billion investment portfolio in the US and Europe.

Black Rocks rejuvenation belongs to the overall revival of Midtown Sixth Avenue, which appeared to be headed for trouble before the pandemic when some large tenants, CBS among them, announced plans to move away.

But the corridors vacancy rate today is only between ten and eleven percent depending on which market report you follow, compared with a Manhattan-wide average of twenty-plus percent. Much of the corridors strength is due to extraordinary investments major landlords made in their properties.

As weve noted before, the upgrades include Rockefeller Groups top-to-bottom redesign of the former Time + Life tower at 1271 Sixth Ave. and the many improvements to the original Rockefeller Center complex made by Tishman Speyer.

The commercial refinance game is the toughest in town these days. But Williams Equities completed a $155 million, five year CMBS loan for its 28-40 W. 23rd St., a familiar sight to Ladies Mile shoppers for its big Home Depot signs.

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Citi Real Estate Funding is the lender. The new loan will help to fund building improvements and amenities that are to include an updated atrium and skylights and a building-wide roof deck.

A Williams Equities spokesman said the refinancing is in line with our successful, timeless multi-generational strategy.

Office tenants at the 578,105 square-foot 28-40 W. 23rd — once a department store — include numerous creative, digital and tech firms.

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Sources: Rangers close to hiring Sullivan as coach

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Sources: Rangers close to hiring Sullivan as coach

The New York Rangers are in advanced contract talks to make former Pittsburgh Penguins coach Mike Sullivan their next head coach, sources told ESPN’s Emily Kaplan and Kevin Weekes on Thursday.

The deal is expected to be one of the richest coaching contracts in NHL history, the sources said.

Sullivan would head to New York in a move that is coming together three days after he left his job with Pittsburgh, where he coached for 10 seasons and won back-to-back Stanley Cups in 2016 and 2017.

The Penguins have missed the playoffs for the past three seasons amid a retooling of the roster.

David Quinn, Sullivan’s top assistant in Pittsburgh, is not expected to join him in New York. Quinn will be a candidate for other head coaching vacancies, including Pittsburgh’s, according to sources.

John Tortorella is a strong possibility to rejoin the Rangers organization. Sullivan, Quinn and Tortorella were on the coaching staff for Team USA at Four Nations.

In New York, Sullivan would replace Peter Laviolette, who was fired after the Rangers didn’t make the postseason for the first time since 2021.

Sullivan was selected by the Rangers in the 1987 draft but never played for New York, choosing to stay in college at Boston University before going on to an 11-year NHL playing career with four teams.

Sullivan, 57, previously served as a Rangers assistant coach from 2009 to 2013 on Tortorella’s staff. He also was the head coach of the Boston Bruins for the 2003-04 and 2005-06 seasons.

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Draisaitl, Hellebuyck, Kucherov are Hart finalists

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Draisaitl, Hellebuyck, Kucherov are Hart finalists

Edmonton Oilers star forward Leon Draisaitl, Winnipeg Jets goaltender Connor Hellebuyck and Tampa Bay Lightning standout Nikita Kucherov were named finalists for the 2024-25 Hart Memorial Trophy on Thursday.

The award is presented “to the player adjudged to be the most valuable to his team” and voted on by members of the Professional Hockey Writers Association.

Draisaitl, 29, led the NHL in goals (52), tied for third in points (106) and was a career-best plus-32 in 71 games this season. He won the award in 2019-20 and is a two-time finalist.

Hellebuyck, 31, led the league in wins (47), goals-against average (2.00) and shutouts (eight) and was second in save percentage (.925) among goalies to play at least 25 games. The Vezina Trophy finalist as the best goaltender in the NHL is a first-time Hart finalist.

Kucherov, 31, led the NHL in scoring for the second consecutive season with 121 points (37 goals, 84 assists). He won the Hart Trophy in 2018-19 and is a three-time finalist.

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Injured Scheifele won’t travel with Jets for G6

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Injured Scheifele won't travel with Jets for G6

Winnipeg Jets coach Scott Arniel said Thursday that star center Mark Scheifele will not travel with team ahead of Game 6 against the St. Louis Blues.

Scheifele will remain in Winnipeg after he missed the second and third periods of his team’s 5-3 victory Wednesday against the Blues in Game 5 of the Western Conference quarterfinals.

“You’re hoping for the best that maybe he wakes up today and things are better,” Arniel told reporters before the team flight to St. Louis. “But right now, he won’t be making the trip, and we’ll just go day-to-day moving forward.”

With 13:51 remaining in the opening period, the Jets were in the Blues’ zone when Scheifele had just played the puck along the half wall. That’s when he was instantly checked by Blues captain Brayden Schenn. Scheifele appeared to be concentrating on the puck and looked as if he did not see Schenn, who connected with the top half of Scheifele’s chest and knocked him down to the ice.

Schenn was given a two-minute minor for interference and another two-minute minor for roughing.

A little more than 10 minutes later, Scheifele was involved in another physical sequence. He was just about to reach the Blues’ zone when forward Radek Faksa also checked him and appeared to have struck Scheifele in the same area as the previous hit from Schenn.

Scheifele finished the first period, but Arniel spoke to the officials as both teams were entering the dressing room before first intermission. Blues coach Jim Montgomery confirmed with reporters after the game that Arniel spoke to the officials about the Schenn hit before sharing his thoughts.

“Let’s make it clear: Fifty-five got hurt from the Faksa hit,” Montgomery said. “He played six minutes after the Schenn hit. He didn’t come back after he got rocked by Faksa.”

Upon hearing Montgomery’s comments, Arniel had some thoughts of his own.

“I didn’t know Monty got his medical degree and can say how our player got hurt. He’s way off base and should not make that comment,” Arniel told reporters. “There’s some things that have been going on in this series and that was a repeat of what we’ve seen before: A player leaving his feet and then hitting a player in a very unprotected spot. Like hitting him in the sense, almost blindsiding him. Not happy with how the call was made. A two-minute minor. Not even looking at it is what I was upset about.

“It is something we have talked to the league about for five games.”

On Thursday, Arniel was asked if Scheifele was in concussion protocol.

“I’m not going down that road,” Arniel said.

It’s possible that the Jets could once again turn to Vladislav Namestnikov like they did in Game 5 and elevate him to the top line. The second-line center would take Scheifele’s place on the first line alongside Kyle Connor and Gabriel Vilardi.

Namestnikov, who had 11 goals and 38 points in 78 regular-season games, had his strongest game of the postseason in Game 5. He finished with a goal and two points while logging 17:15 of ice time.

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