Design firm leases 21 Penn Plaza.In an expansion and consolidation move that triples its facilities, Katz Digital Technologies, a graphics design company. has leased the entire eighth floor and a portion of the ground floor comprising a combined total of approximately 25,000 square feet of office space at 21 Penn Plaza in Manhattan. The firm has relocated re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. into its new facilities from 470 Park Avenue South and 27 East 31st Street. Howard J. Tenenbaum, executive vice president and Gary M. Rosen, managing director of S.L. Green Real Estate, represented 21 Penn Plaza in the long-term lease while Gary Greenspan of Koll represented Katz Digital Technologies. Tenenbaum and Rosen were still with Helmsley-Spear, Inc. when this transaction was consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. . S.L. Green is now leasing and managing agent for the property. The choice of a growing number of institutional and private owners, S.L. Green's inhouse legal, construction and accounting departments, together with its highly acclaimed ac·claim v. ac·claimed, ac·claim·ing, ac·claims v.tr. 1. To praise enthusiastically and often publicly; applaud. See Synonyms at praise. 2. leasing and management staff are considered key factors behind its burgeoning reputation as a "complete" manager. It currently manages properties throughout Manhattan for numerous financial institutions and pension funds, including Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , John Hancock Mutual Life, Mutual of 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 , Principal Financial Group, and others. |
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