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Astor Place lease.


In a major Downtown real estate transaction, Colliers ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits.

(2) (Available Bit R
, Inc. has brokered a 30,500 square-foot lease for The Modern Language Association at 10 Astor Place.

The deal represents a renewal for the tenant, a publisher of educational materials, that has been headquartered in the building, located between Lafayette Lafayette (lä'fēĕt`, lăf'ēĕt`).

1 City (1990 pop. 23,501), Contra Costa co., NW Calif., a residential suburb in the San Francisco–Oakland area; settled 1848, inc. 1968.
 and Broadway, for over 15 years, said Colliers ABR managing director Michael Gerla, who negotiated the 15-year lease on behalf of the tenant together with Colliers ABR executive vice president Peter Riguardi.

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.
 Gerla, the tenant did explore other space options, but ultimately committed to the building after the owner, Jeffrey Gural, agreed to upgrade the space. "This transaction underscores an owner's strong lesire to maintain long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
, credit-worthy tenants, and its willingness to go to great lengths to keep them satisfied and committed to its properties," he said.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 17, 2000
Words:138
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