High-profile tenants take tower to 94% occupancy.250 West 57th West 57th can refer to:
pct, per centum, percent, percentage - a proportion in relation to a whole (which is usually the amount per hundred) of 94 percent, thanks to strong leasing activity during the second quarter of 2006, announces Barry Zeller, executive director, Cushman & Wakefield, the building's managing and leasing agent. In this period, Zeller's team leased -more than 20,000 s/f to new and/or expanding tenants. New tenants include Reis Cooper, a law firm specializing in real estate; Bayes Capital, a fund manager; and Christiansen Capital Advisors, which provides financial and economic analysis of the professional gambling and entertainment industry. Among the existing tenants who expanded during the quarter is Paymentech L.P., a leading provider of transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. services that is partly owned by Bank One. "Our occupancy rate is impressively high, but what is especially significant is the quality of our tenants," says Zeller. "High-profile, creditworthy cred·it·wor·thy adj. Having an acceptable credit rating. cred it·wor companies that once sought space
in other areas are coming to 250 West 57th Street, thanks to a massive
renovations effort and a change of management, both of which were
initiated in 2003."
A $35 million capital improvement program is nearly concluded at 250 West 57Th Street. The renovations include new windows, elevator cabs, upgraded building systems, refurbished air-conditioned public corridors, and a renovated lobby and concierge desk. The building also has a newly renovated entrance to the 59th Street subway station, which gives tenants access to eight lines. Stops for four bus lines are nearby. Space availability at 250 West 57th Street ranges from 1,500 to 8,900 rentable square feet. Some of these units are pre-built offices, with new ceilings, lighting, flooring, and highly efficient space layouts, which are ready for immediate occupancy. Part of the W&H Properties portfolio, 250 West 57th Street is owned by Fisk Fisk , James 1834-1872. American railroad financier and speculator who attempted in 1869 to corner the gold market with Jay Gould, leading to Black Friday, a day of nationwide financial panic. Building Associates LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a partnership led by Peter L. Malkin. |
|
||||||||||||||||

it·wor
Printer friendly
Cite/link
Email
Feedback
Reader Opinion