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Insignia/Rostenberg-Doern inks two leases in White Plains, NY.


Insignia/Rostenberg-Doern announced the negotiation of two lease transactions totaling 29,660 square feet of space at 123 Main Street in White Plains, NY.

Benefit Technologies, Inc., an insurance company, has signed a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 lease for 19,004 square feet on the seventh floor. The company 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.
 its national headquarters from smaller offices at 50 Main Street in White Plains. "We are very pleased to be at 123 Main. This is an excellent building in a very convenient location. Our new headquarters office provides us with room for expansion as we anticipate doubling our workforce over the next 12 months," said Andrew Hyman, president of Benefit Technologies.

In addition, Thomas M. Bona, P.C. has signed a long-term lease for 10,656 square feet of space on the sixth floor. The law firm is moving from 175 Main Street in White Plains.

William V William V may refer to:
  • William V of Aquitaine (969–1030).
  • William V of Montpellier (1075–1121).
  • William V, Marquess of Montferrat (c. 1115–1191).
  • William I, Duke of Bavaria (1330–1389), also William V of Holland.
. Cuddy cud·dy 1  
n. pl. cud·dies
1. Nautical A small cabin or the cook's galley on a ship.

2. A small room, cupboard, or closet.



[Origin unknown.
 Jr., managing director of Insignia/Rostenberg-Doern, represented the building owner, the 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
 Power Authority, in both transactions. Peter R. Friedman, Ltd. represented Benefit Technologies.

The property at 123 Main Street is a 17-story, 420,000 square-foot office building located in the heart of downtown White Plains.
COPYRIGHT 1997 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Jul 30, 1997
Words:193
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