Firm shows faith in Queens.In a deal negotiated by Sholom & Zuckerbrot Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Staples has renewed the lease on its 38,000 s/f distribution center in the Maspeth section of Queens for the second time in 10 years, reports S&Z chairman Sanford Zuckerbrot. Staples will occupy the facility, at 47-10 Grand Avenue, for at least another 6 years, 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. John Ritter This article is about the American actor. For the Pennsylvania Congressman, see John Ritter (congressman). Jonathan Southworth "John" Ritter (September 17, 1948 – September 11, 2003) was an Emmy- and Golden Globe-award winning American actor and , an S&Z principal who represented both the landlord and the tenant in this transaction. "This commitment to this Queens neighborhood demonstrates Staples' faith in the strength of the market and the firms vision of long term growth," said Ritter rit·ter n. pl. ritter A knight. [German, from Middle High German riter, from Middle Dutch ridder, from r . Usually the company only extends its lease for a year or two, but in Queens, Staples arranged a longer term lease clearly with the expectation that Brooklyn and Queens will be a growing market. "Mr. Ritter's market knowledge was instrumental in valuing this property at a price that both the landlord and tenant found agreeable," said Zuckerbrot. "His ability to easily compare lease terms of similar surrounding properties enabled smooth negotiations." |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion