When Tishman Real Estate Services became associated with this property, it was a vacant department store. To revitalize the site, Tishman established a marketing strategy, hired a consulting team, and supervised significant capital upgrades. Today, the repositioned property is a premier Telecom Data Center building. The value of the building and Tishman's contribution to it are clear: leases have been executed for over 1 million square feet by eighteen major carriers, and the rental rate has increased by 400%. Tishman continues to play an important role in leasing the balance of the available space at rental rates far in excess of ownership's pro-forma.

Tishman has also represented several companies as tenants of this coveted property. With Tishman's guidance, 165 Halsey Street has become one of the leading Telecom/Data Center buildings in the United States.