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GMAC promises Chinatown site is one you can bank on.


GMAC Real Estate GMAC Real Estate is a real estate franchise company in the United States, with 1300 locations in North America, and more than 22,000 real estate agents. The company is a division of GMAC Home Services, part of the larger General Motors Acceptance Corporation, which provides  International Properties Group is marketing 17 Chatham in Chinatown, one of the latest available real estate gems in 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
 

GMAC GMAC General Motors Acceptance Corporation
GMAC Graduate Management Admission Council
GMAC Give Me A Call
GMAC Genetic Manipulation Advisory Committee
GMAC Genetic Modification Advisory Committee (Singapore)
GMAC Give Me A Chance
 believes a bank would benefit from both the neighborhood and the business. The building's distinctive architectural design This article or section may contain original research or unverified claims.

Please help Wikipedia by adding references. See the for details.
This article has been tagged since September 2007.
 makes it a standout in the neighborhood and the lease comes with the opportunity to add signage to the roof of the building at no extra charge.

The neighborhood also has one of the largest average bank account deposits in the country--which is exactly why expanding banks should hurry, said William Green Noun 1. William Green - United States labor leader who was president of the American Federation of Labor from 1924 to 1952 and who led the struggle with the Congress of Industrial Organizations (1873-1952)
Green
, managing director of GMAC International Properties Group.

"This is the best retail location in Chinatown providing exceptional exposure in this thriving ethic market," said Green.

The 23,000 s/f, seven-story building is currently under construction. GMAC is currently marketing for triple net lease the retail space which comprises 1,950 s/f on the ground floor and 884 s/f of basement space, ideal for deposit boxes. The building--which sits on Bowery Bowery

Manhattan district, once notorious for brothels and gambling halls. [Am. Hist.: Hart, 97]

See : Debauchery
 Street with comers on East Broadway and Catherine Street--will ultimately include a 700 s/f mezzanine with the remaining space dedicated to Class A office.

"A retail space like 17 Chatham is highly desirable and a great opportunity for a bank, financial institution or any retailer who values the future success of their company," said George Donohue, president of GMAC Real Estate International Properties Group.

17 Chatham will be only steps away from a planned 2nd Avenue subway. The site will be ready for occupancy by summer 2009.
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Title Annotation:RETAIL; GMAC Real Estate International Properties Group
Comment:GMAC promises Chinatown site is one you can bank on.(RETAIL)(GMAC Real Estate International Properties Group)
Publication:Real Estate Weekly
Article Type:Brief article
Date:Jul 2, 2008
Words:254
Previous Article:Warburg named exclusive agent to lease downtown storefront op.
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