Atlas Terminals Complex in Queens lures variety of tenants.After more than a century in operation, Atlas Terminals, once the prototype for New York's urban industrial parks, has found a new niche -- a haven for any and all types of commercial space users, particularly those eager to escape escalating rents in Manhattan, Long Island City and other resurgent re·sur·gent adj. 1. Experiencing or tending to bring about renewal or revival. 2. Sweeping or surging back again. Adj. 1. communities throughout the metropolitan area. Located on Cooper Avenue in the Glendale section of Queens, Atlas Terminals is a one-of-a-kind complex. The one-million square foot, 25-acre site is comprised of 45 buildings, 80 percent of which are single-story facilities. It currently houses some 60 companies and often provides customized facilities for manufacturing, warehouse, storage and distribution, retail and office requirements. "We're like a corporate facilities smorgasbord," states George Rozansky, who manages the complex for Atco Properties & Management, the Manhattan-based real estate company that has owned the property since the early 1920s. 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. Mr. Rozansky, rents at Atlas Terminals range from $6.50 a square foot (which includes heat) for upper loft space to $18 and $25 a square foot for retail and office space, respectively. "We've become very good at adaptive reuse Adaptive reuse is the process of adapting old structures for new purposes. When the original use of a structure changes or is no longer required, as with older buildings from the industrial revolution, architects have the opportunity to change the primary function of the ," admits Atco President Dale Hemmerdinger, whose grandfather Henry Hemmerdinger purchased the earliest Atlas building, a warehouse structure circa 1890, for his waste products business in 1922. Before long, Mr. Hemmerdinger was acquiring neighboring neigh·bor n. 1. One who lives near or next to another. 2. A person, place, or thing adjacent to or located near another. 3. A fellow human. 4. Used as a form of familiar address. v. sites and expanding the complex, and by the early 1950s Atlas Terminals was the premiere industrial park in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , with prestigious tenants such as Kraft, General Electric, New York Telephone The New York Telephone Company (NYTel) was organized in 1896, taking over the New York City operations of the American Bell Telephone Company. Predecessor companies The Telephone Company of New York and Westinghouse, among others. Today about a third of the complex is still devoted to manufacturing, with the remainder serving mostly storage, warehousing and distribution needs, along with office and retail uses. As evidence of its broad diversity, Mr. Rozansky cited some of the recent leases consummated at the complex: China Buffet, an 8,000-sqaure-foot Chinese Restaurant See:
loin n. The part of the body on either side of the spinal column between the ribs and the pelvis. Marsh, Inc., a manufacturer of fine furniture leasing 17,000 square feet. In keeping with its formula for success and survival over the years, Atlas Terminals continues to aggressively pursue market niches and lock into emerging trends. Plans are currently being discussed to expand office and retail use throughout the complex. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion