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Broadband has been proven to improve tenant efficiency.


In the quest for Verb 1. quest for - go in search of or hunt for; "pursue a hobby"
quest after, go after, pursue

look for, search, seek - try to locate or discover, or try to establish the existence of; "The police are searching for clues"; "They are searching for the
 establishing rapid Internet access See how to access the Internet.  and high-powered connectivity, the real estate and telecommunications industries are getting to know each other. Landlords have the opportunity of bringing broadband technology to corporate tenants, and by doing so, enable them to improve their efficiency, increase revenues, and reduce costs. The opportunity for the real estate owner is to maximize property value for ownership and its investors.

Speakers at the recent NACORE NACORE National Association of Corporate Real Estate Executives
NACORE National Association of Commercial Office Real Estate Executives
 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
 luncheon, which was devoted to the topic "Broadband or No Band," discussed the merits of bandwidth-intensive fiber networks and the way technology has revolutionized the power of the Internet. The panel consisted of three top telecommunications professionals: Raul K. Martynek, COO of Gillette Global Network (GGN GGN Gotta Go Now
GGN Grape Grower's Notebook
GGN Good God No
)/Eureka Broadband, a facilities-based national provider of broadband infrastructure and software applications; George M. Lakestream, vice-president of Lightpath/Cablevision, owners of a 10,000-mile fiber network 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.
 and telecom provider; and Steve Coutts, of CoStar, one of the largest real estate information providers in the U.S.

According to the speakers, fiber is the best choice, as its bandwidth has virtually unlimited potential, as opposed to the copper and wireless alternatives. Just how much bandwidth is enough? Presently, there is a ton of fiber across the ocean and across the nation. On the metropolitan level, however, there is still not enough fiber for the end-user buildings.

"You can never have enough fiber just as you can never have enough memory on a computer or enough resolution on a video screen, "said Raul Martynek. "You need two things -- bandwidth and convergence -- to carry data through a lot of different networks set on top of each other."

"The weakest link in the bandwidth chain is what the industry calls the last mile," he explained.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:fiber optics increase property value
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 10, 2001
Words:294
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