1166 Avenue of the Americas

In September 2025, GreenBarn, alongside two partners, originated a $36M preferred equity investment into a 14-story, 560,000 SF office condominium at 1166 Avenue of the Americas in Midtown Manhattan. The investment provides the sponsor with fresh capital to fund contractual leasing costs and base building improvements in connection to a 150,000 SF lease to the FDIC that brings building occupancy to 98% with 10 years of weighted average lease term. The Property is located in the Bryant Park Corridor and is anchored by the FDIC, FTI Consulting, William Blair, and Janney Montgomery Scott, among other premier tenants. The asset was renovated in 2017, and a new amenity center was constructed in 2025, adding additional conferencing space and a gym.