• Replacement of the entire HVAC system with a modern system that will ensure tenant satisfaction as well as the highest energy efficiency available today. • Installation a full service cab elevator which will provide handicap accessibility and serve to the lower level, the main lobby and the upper lobby • A brand new roof with 15 year warranty. • Renovation and possible expansion of the parking lots. This scope will range from sealing and striping the existing parking spaces to the addition of 40-50 new parking spaces on the site (contingent upon municipal approvals.) • Renovation and upgrading the existing bathrooms and lobbies to ADA standards as well as Class A office standards. • The exterior of the building will be upgraded to include new fascia pieces and enhanced brick work. • Extensive landscaping upgrades to the grounds and immediate building surround.
In addition the site provides the potential to expand the building size, to accomodate a company's growth plans. Accordia is currently exploring this possibility with the Town of Montvale.
85 Chestnut currently benefits from monument signage on Chestnut Ridge Road and the Garden State Parkway, providing high visibility and corporate identity for the companies in the building. The property is located between Exit 171 and 172 of the Garden State Parkway, and minutes from the connector with I-287 leading to the Tappan Zee Bridge. A short drive away there is great access to Routes 17, 287, the New York State Thruway, as well as Routes 3, 46 and Route 80 and the NJ Turnpike. Newark Airport is approximately 35 miles from the project. The location also provides easy access from New York State as the state line is only two miles away.
85 Chestnut Ridge Road is a 62,250 square foot office building located on Chestnut Ridge Road in the center of Montvale, New Jersey. The building is two stories on its eastern side and one story on the west following the grade change as it slopes up from the Garden State Parkway to Chestnut Ridge Road. The extensively landscaped complex sits on 7.71 acres. The building was originally constructed in the 1960’s as an executive headquarters building for Executive Jet Corporation which used this building as its headquarters for a number of years in the 1980’s and 1990’s. A two story 10,000 square foot addition was added in the 1980’s.
The property maintains many of its corporate amenities such as mature landscaping and natural grounds, numerous separate private entrances to the building, private tennis courts, and high visibility and signage on the Garden State Parkway. The property also has private storage space that can be utilized by tenants or outside firms.
Accordia has developed an aggressive construction and redevelopment plan for the building including:
85 Chestnut's strategic location in Montvale along the Garden State Parkway, its excellent school system and attractive highly affluent neighboring communities make the town and surrounding areas a draw for corporate tenants. Many Fortune 100 companies have made this marketplace the home for their Corporate Headquarters. A short list of corporate headquarters found within short distance to Parkway 171 include:
• Barr Pharmaceuticals BMW North America International Paper • Mercedes Benz North America Eisai Pharmceuticals A&P Supermarkets • Par Pharmaceuticals Benjamin Moore Ingersoll Rand • Hertz Car Rentals Sony Electronics
The property is located near the Tice’s Corner “Lifestyle” shopping center. Around the corner is the Woodcliff lake Hilton Hotel and Conference Center which recently spent over $10,000,000 to expand its restaurant and conference facilities. Directly across Chestnut Ridge Road is the old Ramada hotel which has been purchased by Marriott and is slated for a significant renovation.