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Credit Union taps JRT to manage new LI office tower.


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 Realty Group, Inc. has been named exclusive managing agent of Court Square Place in Long Island City, N.Y., a new 16-floor Class A office tower currently under construction.

The 274,000 s/f building, which is owned and being developed by the United Nations Federal Credit Union United Nations Federal Credit Union is a Federal credit union headquartered in Long Island City, New York, chartered and regulated under the authority of the National Credit Union Administration (NCUA).  (UNFCU UNFCU United Nations Federal Credit Union ), 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
 City's largest credit union, is on schedule for summer of 2006 availability.

JRT Realty Group, along with its strategic alliance partner Cushman & Wakefield, the largest New York-based commercial real estate firm, will provide a broad range of property management services, including strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  and facilities management. Both firms also serve as the building's exclusive leasing agent.

Located at 24-01 44th Road, one block from the Citicorp Tower, Court Square Place will serve as the world headquarters for the UNFCU, which will occupy the first seven floors. JRT Realty is marketing floors 8 through 15 ranging from 15,380 to 21,233 square feet on each floor. The total available contiguous space is 125,200 square feet.

"Court Square Place has been specifically designed and constructed to address the diverse needs of growing Manhattan-based businesses," explained Greg Smith, executive vice president of JRT Realty. "Tenants will value the building's ground-up, braced steel construction, ceiling heights that exceed 13 feet on each floor and the impressive double-height lobby."

Designed by HLW HLW Herz Lungen Wiederbelebung (German: Cardiopulmonary Resuscitation)
HLW High Level Waste
HLW High Low Water (same as LW neaps) 
 International, LLP LLP - Lower Layer Protocol , and constructed by Tishman Construction Corporation, Court Square Place also boasts high-tech office space and key-card access, optical turnstile security systems; first-rate amenities, including a full-service cafeteria and coffee bar; and spectacular views of Midtown, the Manhattan skyline and the 59th Street Bridge.

The highly efficient floor plates, along with wide-column spacing, offer versatile, flexible layouts while floor-to-ceiling windows allow for natural light to enhance the work environment.

"Long Island City's expansive transportation network makes Court Square Place one of New York's most accessible locations via car, train, subway or ferry," added Smith.

Just one subway stop from Manhattan, this new business district is served by eight subway lines and 11 bus routes as well as the Long Island Railroad and frequent ferry service. LaGuardia and JFK International airports are just minutes away.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Property Management
Publication:Real Estate Weekly
Date:Sep 13, 2006
Words:356
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