Printer Friendly
The Free Library
14,504,729 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Lincoln Building bags another high-profile financial tenant.


Bennett Lawrence Management, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, an investment management firm, has leased the entire 43rd floor of The Lincoln Building at 60 East 42nd Street, announces Tom Beissel, the property's general manager.

Represented by Stephen Berliner of GVA GVA

general visceral afferent system of nerves.
 Williams, the firm leased the 12,386 s/f block to house its headquarters, currently located at 757 Third Avenue.

"This lease signing is an outgrowth of ownership's and management's initiative to attract larger, creditworthy tenants to the building," says Beissel. "The initiative, launched in 2003, comprises a $55 million-dollar capital improvement program, tenant and broker appreciation programs, and managerial responsiveness."

High-profile firms have taken note, he continues. "Besides Bennett Lawrence, our tenants now include Bear Stearns, EDO Corporation (NYSE NYSE

See: New York Stock Exchange
: EDO Edo: see Tokyo, Japan. ), Sun Life Financial (NYSE: SLF), The Royal Institute of Chartered Surveyors, Thai Airways International Thai Airways International Public Company Limited (Thai: การบินไทย) (SET: THAI) is the national air carrier of Thailand, operating out of Suvarnabhumi Airport, and is a founding member of , and the tourism departments of The Bahamas and The Turks and Caicos Islands Turks and Caicos Islands (kī`kōs), dependency of Great Britain (2005 est. pop. 20,600), 166 sq mi (430 sq km), West Indies. There are more than 30 cays and islands, of which only six are inhabited. , to name a few."

Bennett Lawrence Management is a performance-driven investment management firm that implements the time-tested growth investment philosophy of its chief portfolio manager, Van Schreiber. The company, which is committed to fundamental security analysis, conducts its own primary research.

The Lincoln Building has so far completed $43 million of enhancements and an additional $12 million has been allotted for further enhancements. Part of the W&H Properties portfolio, The Lincoln Building is owned by Lincoln Building Associates, L.L.C., a partnership led by Peter L. Malkin.

"The building has been under the same solid ownership for over half a century, which gives it the financial stability that is one of its most attractive features," says Mr. Beissel.

Available space at The Lincoln Building ranges from partial floors of 1,200 to 7,500 rentable square feet.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 9, 2006
Words:283
Previous Article:Firm subleases Woolworth floor.
Next Article:Acting school leases 7th Ave. space.
Topics:



Related Articles
A real recovery, but fragile in some sectors. (Manhattan office leasing) (Review and Forecast Section I)
Lincoln Building sees robust leasing activity.(Brief Article)
Tenants should take advantage of market.(Brief Article)
Lincoln Building offers high-end, pre-built office suites.
Lincoln Building completes $43m renovation.(W&H Properties)
Hartz Mountain property sold to Praedium for $12m.(NEW JERSEY)
Finding the perfect fit comes easy to retail pro.(PROFILE OF THE WEEK: Bruce Spiegel, senior managing director, Rose Associates)(Column)
Roster shrinkage equals gain, says Malkin.(Higher quality tenants )
NCAA scores at Lincoln.
Lincoln Building welcomes two new tenants.(Royal Institute of Chartered Surveyors and Timothy Morgan Associates)(Brief article)

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