CB Richard Ellis Marketing 830 Eighth Avenue for sale.The office building at 830 Eighth Avenue, located on the northeast corner of Eighth Avenue and 50th Street, has been made available for sale by its overseas-based owner, and CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. has been selected as the agent for the sale. 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. Nat Rockett, director of the Private Client Group at CB Richard Ellis, "This is a fantastic opportunity for a creative buyer to redefine Verb 1. redefine - give a new or different definition to; "She redefined his duties" define, delimit, delimitate, delineate, specify - determine the essential quality of 2. one of the most visible corners on the city's most active; avenue." The current structure, a 10-story elevatored office building, was built by the present owners in 1986 to house their American operations. As their business progressed over the years, however, their focus began to shift towards Europe, diminishing di·min·ish v. di·min·ished, di·min·ish·ing, di·min·ish·es v.tr. 1. a. To make smaller or less or to cause to appear so. b. the utility of owning a Manhattan headquarters. By 1998, the owners had vacated their offices in 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 and the building was leased on a month-to-month basis. "With substantial holdings overseas, my client was not able to devote enough time to make proper use of this asset," said Rockett. The property sits within a C6-4 zoning district, which permits residential and hotel uses, in addition to the existing office configuration. Among the property's unique features are a lighted display on the corner of the building, floor by floor 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 systems and two water columns. CB Richard Ellis anticipates tremendous interest in the availability due to its corner location, proximity to Times Square and the heightened energy on the street due to the recent completion of both The Longacre and The Gershwin. |
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