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300,000 s/f site is Taylor made.


Boston Properties Boston Properties, Inc. (NYSE: BXP) is a self-managed real estate investment trust (REIT) based in Boston, Massachusetts. Its primary focus is "Class A" office space which it acquires, develops, and manages in the major markets of Boston, New York City, Washington, D.C. , Inc. and Ann Taylor Notable people named Ann Taylor include:
  • Ann Taylor (NPR newscaster), American radio personality
  • Ann Taylor (poet) (1782-1866), poet and children's writer
  • Ann Taylor, Baroness Taylor of Bolton (born 1947), UK Labour Party politician
 Stores Corporation have executed a lease for Ann Taylor to relocate its headquarters to Times Square Tower in the heart of Times Square on 42nd Street between Broadway and Seventh Avenue.

The firm will occupy approximately 300,000 square feet on the fourth through 15th floors of the 47-story, 1.2 million s/f office building.

Ann Taylor will be joining O'Melveny & Myers, Heller Ehrman White & McAuliff, Manatt Phelps & Phillips, Clarendon National Insurance, Pitney Hardin Kipp & Szuch, Condon & Forsyth, and a number of smaller firms. The retailer expects to move into its new home during the spring of 2005.

Robert Selsam, senior vice president and manager of the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 region of Boston Properties, said, "We are delighted to welcome Ann Taylor as the largest tenant at Times Square Tower. Their choice of this building further solidifies Times Square as the business location of choice for firms wanting to be at the forefront of their industry."

J. Patrick Spainhour, Ann Taylor's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "Times Square Tower offers Ann Taylor an excellent platform to continue to grow our business; providing us with efficient and creative workspaces."

Ann Taylor was represented in this transaction by David Goldstein, executive managing director, Mitchell Steir, chairman and CEO, and Matthew Barlow, executive vice president of Studley. Boston Properties was represented by John Powers, president, Tri-State Region, Peter Turchin, and Timothy Gibson of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. .

Times Square Tower was designed by world-renowned architect David M. Childs of Skidmore, Owings and Merrill Skidmore, Owings and Merrill, American architectural firm founded in 1936 in New York City by Louis Skidmore (1897–1962), Nathaniel A. Owings (1903–84), and John O. Merrill (1896–1975). , LLP LLP - Lower Layer Protocol  and is the second project of Boston Properties in Times Square.

The first, directly across Seventh Avenue from Times Square Tower, is "5 Times Square", a 37-story, 1.1 million s/f office building which opened in May 2002 and is 100% leased to the professional services firm, Ernst & Young.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 11, 2004
Words:305
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