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AP expands commitment at 50 Rockefeller Plaza.


The Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 (AP), one of the world's premiere news organizations, has signed a lease to renew and expand the space it occupies in 50 Rockefeller Plaza, The Associated Press Building, which has been its home since the building opened in November 1938.

The AP has renewed its lease for nearly 130,000 square feet of space and taken additional space for a total of nearly 167,000 square feet.

It was on Jan. 24, 1938, that a story moved on the AP wire saying: "The future home of The Associated Press will be erected in Rockefeller Center Rockefeller Center, complex of buildings in central Manhattan, New York City, between 48th and 51st streets and Fifth Ave. and the Ave. of the Americas (Sixth Ave.). The project was sponsored by John D. Rockefeller, Jr. , where general headquarters and 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
 office of the world's largest cooperative news and picture gathering organization will be located in a building bearing its own name."

The AP moved to Rockefeller Center from 383 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S.  where it had been located for some 20 years.

Stein noted also that, with conclusion of the AP lease and other significant lease renewals and expansions in recent weeks, Rockefeller Center has nearly halved the amount of space which was to fail due for renewal in 1994.

The lease transaction was negotiated on behalf of the landlord, Rockefeller Center Management Corporation, by Alan L. Stein; Emmett P. Noonan, vice president; and Robert F. Scally This article or section may contain original research or unverified claims.

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, assistant vice president. The tenant was represented by James M. Donna and Lawrence G. Blasko, director of administrative services of The Associated Press.
COPYRIGHT 1993 Hagedorn Publication
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Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Associated Press renews lease on The Associated Press Building in New York, New York
Publication:Real Estate Weekly
Date:May 12, 1993
Words:233
Previous Article:German investor acquires 1776 Broadway. (commercial building in New York, New York)
Next Article:SL Green named manager for IDCNY buildings. (S.L. Green Real Estate Inc., International Design Center of New York in Long Island City, New York)
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