Absolut Spirits leases 40,000 s/f at Meringoff's 401 Park.The Absolut Spirits Company has signed a new lease for 40,000 s/f at Meringoff Properties' 401 Park Avenue South. Joel Isaacs and Marc Simon of Isaacs and Company represented Absolut. Mark S. Stein, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul and Jared Solomon of Meringoff Properties represented the landlord in-house. Absolut, which currently occupies 20,000 s/f at 1370 Avenue of the Americas is doubling its office space in Manhattan, as part of the company's expansion. The move was made to accommodate the growing 50+ person staff resulting from acquisition of Cruzan Rum Cruzan Rum is a rum producer located in Saint Croix, U.S. Virgin Islands. Their distillery was founded in 1760 and claims the distinction of "the most honored rum distillery in the world." Weekday tours of the distillery in Frederiksted are given. and FRIS FRIS Foundation for Rape Information and Services FRIS Farm and Ranch Irrigation Survey Vodka to the Absolut portfolio, 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. Jeffery Moran, director of 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 at Absolut. Absolut's new headquarters is a loft space flooded with natural light which will be comprised of two floors of office and conference space, convertible space for on site training, and a full service bar for entertaining clients and sales representatives. Floors on the building run 20,000 s/f and the building's commercial clients generally occupy two or more floors. Other tenants currently occupying the building include SUNY SUNY - State University of New York Stonybrook, Club Mom, and Health Management Systems. The building has 24/7 doorman access. Management is in the process of creating a new lobby. While financial details of the lease were not disclosed, asking rent in the building run at $40 psf. Though there are currently no vacancies in the building, one tenant who occupies 20,000 s/f floor will be relocating in December 2007 and will be subleasing their space. |
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