Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Another UN deal on Third.


The United Nations International Computing Center, an organization that provides data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a  and information technology services to the United Nations and the UN's World Health Organization, has leased the 24th floor of 730 Third Avenue.

Based in Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva.
, Switzerland, the International Computing Center, abbreviated as UNICC UNICC United Nations International Computing Centre (Geneva, Switzerland) , had for years used the UN's Secretariat Building Situated on Raisina Hill, New Delhi, India, the Secretariat Building is a set of two buildings on the opposite side of Rajpath that are home to some of the most important ministries of the Government of India.  for its Manhattan operations.

But that office tower, along with most of the other buildings on the UN's East Side campus, is currently undergoing a $1.9 billion renovation that has required thousands of staff to be relocated to other locations.

Andrew Roos, an executive at the real estate services firm First Service Williams, handled the lease for the UNICC and said that the organization was being displaced by the work being done to the UN campus, but that it had also been planning to take separate facilities in any case.

Roos just completed another deal in the building, a 120,000 s/f lease of the building's entire 8th, 9th and 10th floors for general offices of the United Nations.

That deal was not prompted by the renovation, 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.
 Werner Schmidt Werner Schmidt (born January 18 1932) is a former Canadian politician. A teacher and school principal, Schmidt was chosen to succeed Harry Strom as leader of the Alberta Social Credit Party following the defeat of Strom's government in 1971 despite the fact that Schmidt had never , a public affairs officer for the UN, who described it rather as "the UN doing its normal leasing of real estate" for various staff that need space beyond what can be accommodated in its existing facilities.

"Some of the people who move in are probably affected by the master plan, but not necessarily," Schmidt said of that deal. "This is just the general space needs [of the UN]."

Most staff displaced by the renovation work, which will take place over the next five years, have been brought to two large temporary office spaces the UN leased in recent years near its East Side site; 380 Madison Avenue and the Albano Building on East 46th Street.

The UNICC will be taking 8,345 s/f at 730 Third, a far smaller space than the UN has leased.

Because 730 Third Avenue tapers, its tower floors ate much smaller than those in the base of the building.

The space was being offered by the pension fund TIAA-CREF TIAA-CREF Teachers Insurance and Annuity Association - College Retirement Equities Fund , which owns and occupies most of the building. Roos said that both the UN and the UNICC deals were "the prefect prefect or praefect (both: prē`fĕkt), in ancient Rome, various military and civil officers. Under the empire some prefects were very important. The Praetorian prefects (first appointed 2 B.C.  combination of an institutional owner matched with an institutional tenant" and that TIAA-CREF was very "UN friendly."

Some landlords have been hesitant to take the UN in as a tenant because of its security requirements and because the agency has attracted controversy.

Roos said that the 24th floor featured an existing office installation that the UNICC would be able to utilize and that both the UN and the UNICC had been attracted to the building's amenities, which include access to TIAA-CREF's conference room facility on one of its floors as well as its cafeteria.
COPYRIGHT 2009 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:Geiger, Daniel
Publication:Real Estate Weekly
Date:Oct 14, 2009
Words:467
Previous Article:REBNY names 2010 honorees.
Next Article:Solow accuses bank of $463m sting.
Topics:



Related Articles
UN takes its 120,000 s/f lease to 730 Third Avenue tower.
Iran delays response to U.N. offer.
Taliban to withdraw from Pakistan's Buner: spokesman
Taliban to withdraw from Pakistan's Buner: spokesman
Taliban to withdraw from Pakistan's Buner
Taliban to withdraw from Pakistan's Buner: spokesman
Iran demands US free its assets after Obama warning
Iran demands US free its assets after Obama warning

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles