Banks, law firms flock to Tower 56.Equity Office has completed three new lease transactions at Tower 56, the 33-story boutique Boutique A small investment firm specializing in offering specific, but limited services to a select number of individuals. Notes: These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. office building in Midtown's Grand Central area. The companies committed to more than 15,000 s/f of space at the building, signing 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. deals. "At nearly a 95% occupancy, Tower 56 continues to enjoy incredible success and demand by companies seeking to do business in a location that has small, flexible floorplates, and is located in proximity to many of Midtown's major transportation arteries Arteries Blood vessels that carry oxygenated blood away from the heart to the cells, tissues, and organs of the body. Mentioned in: Adrenergic Blockers, Angiotensin-Converting Enzyme Inhibitors, Antihypertensive Drugs, Hypertension, Thrombolytic Therapy, providing easy access to a number of business sectors," said Michael Berman Michael Berman may refer to:
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 Region. "Demand for new office space is strongest among financial institutions, banks and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
Among the largest transactions at Tower 56 was Behrman Capital's 8,502 s/f renewal on the 26th and 27th floors. Investment firm, The Glenrock Group, signed a new lease for 5,696 s/f. Brian Goldman of Newmark Knight Frank arranged both the Behrman and Glenrock transactions on behalf of the tenants. And, Orlane, Inc., the U.S. headquarters of the luxury skincare brand, committed to approximately 1,200 s/f of office space on the 4th floor in a deal arranged by Bill Berkis of USI Real Estate Advisors. Leasing Director Joseph Artusa represented Equity Office in all of the above transactions. |
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