Lifetime lease takes LI complex to 100% occupancy.Lifetime Brands, Inc., a leading designer, developer and marketer of a broad range of nationally branded consumer products used in the home and one of Long Island's Top100 companies, has signed a lease to take additional space in the Business and Research Center at Garden City.
The deal, which brings occupancy in the building at 1000 Stewart Stewart, river, Canada
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Lifetime Brands soon to be the largest tenant in the building, agreed to lease an additional 18,495 s/f of office space. The company, now in Westbury, previously agreed to lease 114, 474 s/f of space in the former Bristol Myers-Squibb Pharma complex for its executive offices, research and product development center, warehouse and showrooms. Lifetime Brands, which is expected to move into the building in December, will occupy a total 133,000 s/f in the 155,000 s/f building. Other soon-to-be-tenants include Angion Biomedica and Home Medical Equipment.
Garden City, NY-based Metropolitan Realty Associates owns the architecturally distinctive complex, which contain 186,500 s/f on 7.55 acres and is comprised of two buildings, 1000 Stewart Ave., which is 161,500 s/f and is 100% leased, and 500 Endo Blvd., which is 25,000 s/f and is being converted to professional/medical office space. Space is still available in 500 Endo Boulevard.
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The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs DiMicelli of Corporate National Realty LLC of Woodbury, NY, are the exclusive leasing agents for the two buildings. Lifetime was represented in the transaction by Richard Karson, Martin Lomazow and Phil Heilpern of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. .
The former pharmaceutical manufacturing complex, designed in the 1960s by the world famous architect, Paul Rudolph, was acquired by Metropolitan Realty Associates in August 20005. The building originally served as the world headquarters, laboratory and manufacturing plant of Endo Laboratories. After Endo was sold in 1969 to E.I. DuPont de Nemours and Co., the building was used as a pharmaceutical plant by a succession of companies that included DuPont Pharmaceuticals and Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were . The building never previously had been available for lease to a variety of tenants.