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Asset management firm inks 33,000 s/f Madison renewal.


W.P. Stewart & Co., an asset management company, signed a 33,171 s/f renewal and lease extension at 527 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. .

W.P. Stewart will continue to occupy five floors in the high-rise section of this exclusive midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 property owned by Equity Office Properties.

In addition, they will have various future rights to expand within the building. Paul Revson, principal & Ethan Rice, associate with 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 Staubach

Company represented W.P. Stewart & Co. in the negotiations while Robert Fink fink   Slang
n.
1. A contemptible person.

2. An informer.

3. A hired strikebreaker.

intr.v. finked, fink·ing, finks
1. To inform against another person.
 with Equity Office Properties negotiated on behalf of the landlord.

The financial details of this long-term lease extension are confidential; however the asking rents in 527 Madison Avenue are currently $85 per square foot.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Feb 1, 2006
Words:118
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