100,000 s/f leased in busy quarter at 1359 Broadway.In a second quarter highlighted by a major lease to one of the world's leading trading groups, a total of 104,003 square feet of new leasing transactions was recorded at 1359 Broadway, reports Michael Frantz, director of Newmark, the building's managing and leasing agent. Li & Fung USA (also known as Millwork Trading Co., Ltd.) took 94,250 square feet on four full floors plus the penthouse penthouse Enclosed area on top of a building. A penthouse can be an apartment on the roof or top floor of a building or a structure on the roof housing the top of an elevator shaft, air-conditioning equipment, or stairs leading to the roof. , Mr. Frantz says. In other significant second quarter transactions in the W&H property, software provider Opsware leased 5,140 square feet, and law firm Hutner & Klarish took 3,162 square feet. "The surge in leasing and the ability to attract prestigious tenants are largely attributable to W&H's massive $54 million renovation program, which is transforming the building, inside and out, into the neighborhood's premier property," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mr. Frantz. "In addition, ownership has been personally involved in leasing negotiations to ensure that the needs and desires of prospective tenants are appropriately met." The building's capital improvement program, now nearly complete, includes new windows; new restrooms; a new HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free system; upgraded electrical systems; newer, faster elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. ; new elevator cabs; refurbished public corridors; and a new lobby and entrance. The renovation also includes a high-end pre-built program that provides tenants with spaces that are--in move-in condition. These units, which are ready for immediate occupancy, feature new ceilings, lighting, and flooring in highly efficient layouts. Part of the W&H Properties portfolio, 1359 Broadway is owned by Marlboro Building Associates LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a partnership led by Peter L. Malkin. Available space at 1359 ranges from 1,513 square feet to a full floor of 23,567 square feet, and two adjoining retail units of 1,850 square feet and 1,330 square feet. |
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