Printer Friendly
The Free Library
5,675,075 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Korean government buys building.


The American Institute of Physics The American Institute of Physics (AIP) is a professional body representing American physicists and publishing physics related journals. It was founded in 1931.

The aims of the organization are: "promoting the advancement and diffusion of the knowledge of physics and its
(AIP AIP acute intermittent porphyria.
AIP Acute intermittent porphyria
) has sold its headquarters building located at 335-East 45th Street, 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
, to The Government of the Republic of Korea. AIP had resided there for more than 35 years.

Julien Studley, chairman, and L. Craig Lemle, managing director, of Julien J. Studley, Inc. represented the seller in the transaction. Acting internally on behalf of AIP was Arthur Bent, the organization's treasurer.

According to Lemle, the Korean government selected this site because of its proximity to the United Nations.

The Korean government, according to the Studley brokers, plans to demolish the four-story, 44,000-square-foot structure, and replace it with an 80,000-square-foot high rise.

AIP, along with two kindred organizations, the American Physical Society The American Physical Society was founded in 1899 and is the world's second largest organization of physicists. The Society publishes more than a dozen science journals, including the world renowned Physical Review and Physical Review Letters, and organizes more than twenty science  and American Association of Physics Teachers The American Association of Physics Teachers was founded in 1930 for the purpose of "dissemination of knowledge of physics, particularly by way of teaching."[1] There are more than 10,000 members that reside in over 30 countries. , is building a new 120,000-square-foot headquarters facility in suburban Washington, D.C. Occupancy is scheduled for the fall of 1993. Studley also represented the associations in this transaction.

AIP will maintain some functions in the New York region including its publishing center on Long Island.
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.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Banking & Finance; 335 East 45th Street, New York, New York
Publication:Real Estate Weekly
Date:Apr 21, 1993
Words:171
Previous Article:NY Federal Savings names new mortgage lending head. (Michael E. Staples appointed vice president and director of mortgage department) (Banking &...
Next Article:Equitable RE completes securitized refinancing. (Equitable Real Estate Investment Management Inc. refinances pension fund separate account secured by...
Topics:



Related Articles
Williams closes sublease at 304 East 45th Street. (Williams Real Estate Co.)
Non-profit purchases space at 305 7th Ave. (McMahon Services for Children)
Italian group purchases 53 units at the Monarch. (Trade 45th buys 53 condominiums at 200 East 89th Street in New York, New York)
Asians bring back industrial market to NY. (Chinese and Korean manufacturers revitalize light-industrial sector in New York, New York) (Annual Review...
M. Tuck Capital Associates.
Walter & Samuels forms alliance with Silk & Halpern.
Upper East Side story.(Finance: real estate)(L.J. Melody and Co. financing)(Brief Article)
Plans unveiled for final site in W42nd Street redevelopment.(American Properties Corp. and Gruzen Samton contracts)
Reckson pays $470m for Citigroup tower.(Brief Article)
Newmark Retail completes Third Avenue assignment.(RETAIL)(Newmark and Company Real Estate Inc.)(Brief Article)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles