1290 Avenue of the Americas is a 41-story premier Midtown Manhattan office building minutes away from the Broadway Theater District and the fashionable Fifth Avenue shopping corridor. AREA acquired this two million square foot trophy office asset with near-term lease rollover. AREA subsequently implemented a major capital improvement program and an aggressive, hands-on leasing program. During its hold, AREA executed 450,000 square feet of new leases in 20 separate transactions.