Beacon enters downtown market with $134M Wall St. buy.Signs of a Downtown Manhattan office market rebound were strengthened in the last week of December by the $134-million purchase of 100 Wall Street, the prominent 29-story office high-rise between Water and Front Streets in the Financial District. The purchaser was 100 Wall Street Property LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an affiliate of Beacon Capital Partners LLC. The seller was Reckson Associates Realty Corp. The sale, which was arranged by Richard Baxter This article is about the clergyman. For the jurist, see Richard Baxter (jurist).) Richard Baxter (November 12, 1615 - December 8, 1691) was an English Puritan church leader, theologian and controversialist, called by Dean Stanley "the chief of English Protestant Schoolmen". , Jon Caplan, Ron Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. and Scott Latham of Cushman & Wakefield's 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 Capital Markets Group, signifies that Downtown's best office locations are now being viewed as value opportunities by the real estate community's most sophisticated investors. At the end of 2005, the Downtown Manhattan class-A vacancy rate fell to 10.1 percent, down from 13.6 percent at the end of 2004. The vacancy decline has been attributed to an increase in interest and leasing in Downtown's best buildings. Beacon Capital has retained Cushman & Wakefield as exclusive leasing and management agent. The leasing team will be led by Cushman & Wakefield Executive Vice President Josh Kuriloff and Executive Director Frank Cento. Units of space ranging from 3,000 square feet to a contiguous block of 55,000 square feet are avail able. Completed in 1969, 100 Wall Street was designed by famed architects Emery Roth Emery Roth (1871 – August 20, 1948) was a Hungarian-American architect who built many of the definitive New York City hotels and apartment buildings of the 1920s and 30s, incorporating Beaux-Arts and Art Deco details. & Sons, who also had a hand during the same decade designing the world renowned MetLife Building The MetLife Building, originally called the Pan Am Building, is a skyscraper located at 200 Park Avenue in New York City. History The Pan Am Building was the largest commercial office building in the world when it opened on March 7, 1963. at 200 Park Ave. and the General Motors Building at 767 Fifth Ave. The tinted glass facade of 100 Wall Street is accentuated by clean vertical columns of white stone that run the length of the building, making it a standout among modern financial district buildings. The building underwent a major renovation in 1994, which included a new lobby, elevator cabs and controls, as well as upgraded electrical systems, HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free and security systems. |
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