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Atlas signs deal of the year.


Atlas Atlas, in Greek mythology
Atlas (ăt`ləs), in Greek mythology, a Titan; son of Iapetus and Clymene and the brother of Prometheus.
 Media Corp., a company that develops and distributes documentary programming, has just signed a five-year, 20,000 s/f lease at 242 W. 36th St. The deal marks one of the largest commercial real estate deals to take place within the Fashion District in 2004.

Grant Greenspan Green·span   , Alan Born 1926.

American economist who was appointed chairman of the board of governors of the Federal Reserve System in 1987.
, Marc Horowitz Ho·ro·witz   , Vladimir 1904-1989.

Russian-born American pianist noted for his interpretations of Chopin and Liszt.

Noun 1. Horowitz - Russian concert pianist who was a leading international virtuoso (1904-1989)
, Jack Wyune and Christine Kevan, of Kanfman/Adler Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
, a division of The Kaufmen Organization, represented both parties in the transaction.

Although the terms of the lease are undisclosed, the asking price for the space was $17 per s/f. The 161,000 s/f, 14-story pre-war The term pre-war is often used for the period before the outbreak of World War II, i.e. before 1939 or 1940. However, the term is usually applied to the most recent or significant war in a culture's history.  building, located in the heart of the Fashion District, offers 24-7 access and card key access. The building is home to such companies as Applimation Inc., M Y Accessories, Inc. and Task Stream.

"Atlas' expansion into 242 W. 36th St. from 148 W. 37th St., where it occupied 14,000 s/f, is indicative of a trend we're seeing: companies are growing, hiring and needing more space," said Greenspan. "It's a very positive sign for New York's commercial real estate market."
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 1, 2004
Words:178
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