1 Grand Central Plaza makes its big debut.W&H Properties' 60 East 42nd Street has been repositioned as One Grand Central Place, announced Fred C. Posniak, senior vice president of W&H Properties. The new name for the property is significant, said Posniak, noting that "it confirms the building's reputation as the premier Pre-War Trophy property within the Grand Central District, as well as its unsurpassed location directly across from Grand Central Terminal." One Grand Central Place's osition is the result of a massive repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. program that included a recently-completed $85-million upgrade program and the installation of Newmark Knight Frank as managing and leasing agent. Consequently, the 55-story tower has been attracting prestigious tenants, including ABS (Automatic Backup System) See backup program. , a leading global shipping classification society, and Gibbs & Soell, one of the largest independent public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Several more notable lease transactions are in progress. Posniak said, "Ownership is committed to maintaining One Grand Central Place's status as the leading Pre-War Trophy office building in the area and a top destination for brokers and tenants alike." In 2007, the property--known for its stately lobby-won the BOMA/NY Pinnacle pinnacle (pĭn`ĭkəl), minor architectural motif of vertical tapering shape, usually crowning a pier, buttress, or gable. Although sometimes it appears in Renaissance design, as in the Certosa di Pavia, it is almost exclusively a medieval Historical Building Award, the winner of which demonstrates "strong commitment to the preservation of [its] historical integrity while modernizing to accommodate the latest advances in real estate technology." One Grand Central Place, with 55 stories, is one of the most prestigious addresses in the Grand Central District and it has its own zip code zip code System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities. . The property's recently completed upgrade program includes new windows, upgraded building-wide systems. The building also features a visitor center. |
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