Tundra Properties, located in New York, NY, has a rich history of successful property management and development. Their expertise spans across various sectors, including multifamily residences and office spaces.
One of their notable achievements includes the revitalization of 230 Park Avenue through a $190 million capital improvement program. This initiative led to significant upgrades such as elevator modernization, window replacements, and achieving LEED Gold certification, making it a leading sustainable pre-war building in New York City.
With a focus on tenant satisfaction and operational efficiency, Tundra Properties successfully increased the building's net operating income, improved occupancy rates, and facilitated the transition to a more streamlined and high-quality tenant mix, culminating in the record-breaking sale of 230 Park Avenue in 2015.
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