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Cushman & Wakefield.


Cushman & Wakefield has represented Bell Atlantic in the sale of its 800,000 square foot condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 interest in 1166 Avenue of the Americas. The buyers were Marsh & McLennan Companies, which purchased six floors totaling 240,000 square feet, and Edward J. Minskoff Equities, Inc., which purchased 560,000 square feet.

Cushman & Wakefield's August A. DiRenzo, vice chairman, and Robert Fahey Robert Fahey (born April 30, 1968, in Hobart, Tasmania, nickname "Bag") is an Australian real tennis player. He currently spends his time at the Burroughs Club in London training with head pro Rod McNaughton. , represented Bell Atlantic in the sale.

"This sale is indicative of the strength of the NYC NYC
abbr.
New York City


NYC New York City
 real estate market," said DiRenzo. "Large blocks of contiguous space in Midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 are in great demand and we see an exceptional opportunity for a mid to large space tenant at a prime Midtown location."

Built in 1974, 1166 Avenue of the Americas is comprised of 1.6 million square feet of space. The 44-story building is located between 45th and 46th streets and features a newly renovated lobby entrance area.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 20, 1999
Words:146
Previous Article:Massey Knakal Realty Services.
Next Article:Stribling & Associates.(Brief Article)
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