Conde Nast adds space at 1440 Broadway.Max Capital Management Corp. signed a lease today with Conde Con·dé , Prince de Title of Louis II de Bourbon. Known as "the Great Condé." 1621-1686. French general who won major victories in the Thirty Years' War. Nast for one of the last available 100,000 square-foot blocks of Midtown mid·town n. A central portion of a city, between uptown and downtown. midtown Noun US & Canad the centre of a town office space, at 1440 Broadway Broadway, famous thoroughfare in New York City. It extends from Bowling Green near the foot of Manhattan island N to 262d St. in the Bronx. Throughout its length Broadway is chiefly a commercial street. . The 15-year, $69.1 million agreement brings the total of new leases signed by Max Capital since purchasing the building in late 1999 to 400,000 square feet. New tenants include About.com About.com is an online source for original consumer information and advice, a top 10 Web property used by one out of five people on the Internet (Nielsen NetRatings[1]). It is owned by the New York Times. for 170,000 square feet and Kaplan Educational Services, a division of the Washington Post, for 60,000 square feet. Max Capital, led by N. Richard Kalikow and Adam Hochfelder, bought the 25-story, 780,000 square foot Times Square tower for $150 million. The partners are investing $50 million in a capital improvement campaign that includes a stunning new lobby. "We had a long relationship with Conde Nast," says Hochfelder, president of Max Capital. "The company was a major tenant of ours at 350 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. , which we purchased from Conde Nast. That relationship made them our favorite among tenants looking at 1440 Broadway." |
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