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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 its headquarters to 810 Seventh Avenue in Manhattan, 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 headquarters, EMI 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, 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.
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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
Previous Article:Law firm signs in Midtown.
Next Article:Duane Reade signs lease.

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