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Investment firm signs at 810 Seventh Avenue.


Grand Charter Group, Inc., an investment banking and brokerage firm, will expand its operations and relocate 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 headquarters to 810 Seventh Avenue in Manhattan Manhattan, indigenous people of North America
Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages).
, it was announced.

Williams Real Estate Company, Inc. served as exclusive leading agent in the transaction for the building's ownership, 810 Associates.

810 Seventh Avenue's tenants include Lord Dentsu Advertising, National Geographic Television's 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
 headquarters, EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC.  Entertainment, Practicing Law Institute, The Reserve Fund and The French Trade Government.

As the result of this transaction, Grand Charter Group, Inc., will relocate from its old address at One Exchange Plaza to 20,500 square feet of space at 810 Seventh Avenue, occupying the entire ninth floor of the building. The firm has agreed to a 12-year lease, valued at $7.7 million for their base of operations Noun 1. base of operations - installation from which a military force initiates operations; "the attack wiped out our forward bases"
base

air base, air station - a base for military aircraft

army base - a large base of operations for an army
, with options for expansion as future growth requires.

Audrey Novoa, managing director of Williams, represented 810 Associates in this transaction.

Robert Carmel, vice chairman and Pamela Title of Williams also represented the building's ownership in this transaction. Grand Charter Group Inc. was represented by Corey Abdo and Bill Mendelsohn of Newmark Real Estate Services, Inc.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Grand Charter Group Inc. leases commercial space in New York, New York
Publication:Real Estate Weekly
Date:Sep 8, 1993
Words:185
Previous Article:Law firm signs in Midtown. (Schreiber, Simmons, MacKnight and Tweedy leases commercial space at 520 Madison Avenue, New York, New York)
Next Article:Duane Reade signs lease. (Duane Reade Drug Store Co. leases retail space at 122 East 42nd Street, New York, New York)
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