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83,000 s/f sublease in Times Sq. 'pioneer'.


Time Square South's go-to building continues to be 498 Seventh Ave., 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.
 Stuart Romanoff, a Cushman & Wakefield executive vice president who recently represented Mass Mutual in a deal to bring Jones Apparel Group Jones Apparel Group, Inc., a Fortune 500 company, is a leading designer, marketer and wholesaler of branded apparel, footwear and accessories. The company also markets directly to consumers through our chain of specialty retail and value-based stores, and operates the Barneys New  to the building.

The provider of women's designer clothing, shoes and accessories, has subleased 83,000 square feet from Mass Mutual, on behalf of OppenheimerFunds, at 498 Seventh.

The company will occupy two contiguous floors at 498 Seventh Ave. and plans to relocate from nearby 463 Seventh Ave.

Located at the southwest corner of 37th Street in Midtown, the building is considered one of the most prominent in the area, and a "Times Square South pioneer," according to Romanoff, who was assisted in the deal by brokerage professionals Amy Fox Amy Fox is a playwright and screenwriter based in New York. She has penned numerous full-length plays, including Summer Cyclone, Farm Boys, and Nothing Revolutionary,[1] as well as having written a good number of one-acts as well.  and David Rowley, also of Cushman & Wakefield.

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.  represented Jones Apparel Group in the transaction.

The sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. , for the ninth and tenth floors in the building, absorbs the majority of space being marketed by Mass Mutual at 498 Seventh Ave., Romanoff said.

The financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firm leased about 120,000 s/f of space following Sept. 11, 2001, which it made available for sublease when it returned Downtown to 2 World Financial Center in 2003.

Cushman & Wakefield continues to market two units of 18,000 square feet each, highly improved, fully furnished and in move-in condition.

Added Romanoff. "We are very pleased to have represented Mass Mutual in its return Downtown, and just as pleased to secure a high quality tenant for its space at 498."

Owned by George Comfort & Sons, 498 Seventh Avenue totals 880,000 s/f.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 10, 2004
Words:265
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