New Bear Stearns building wins BOMA award.Bear, Stearns & Co. Inc. announced that The Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. of Greater 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 recognized 383 Madison Ave., Bear Stearns' World Headquarters, as the "New Construction of the Year" project for 2002-2003. BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products. New York, which presents awards annually to building developers, selects a newly constructed building that demonstrates foresight in site selection and development, embodies excellent and unique concepts in construction, and resulted in the successful and timely completion of a structure that makes a significant contribution to the greater New York area. Past recipients include the US Government Courthouse and Federal Building and 5 Times Square. In its Pinnacle Award announcement, BOMA New York wrote, "Fitting its esteemed position as a premier investment banking and securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the firm, the Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. Companies, Inc. recently constructed a 45-floor, 1.2-million-SF facility to serve as its global headquarters. Built over the Metro North train shed at Grand Central Terminal, the octagonal oc·tag·o·nal adj. Having eight sides and eight angles. oc·tag  o·nal·ly adv.Adj. 1. skyscraper features a cafeteria, dining facilities, 450-seat auditorium, broadcast studio, fitness facility and, in addition, eight trading floors. Capped with a seven-story, illuminated crystal. crown visible from miles away, the headquarters is' a stunning addition to the midtown skyline and a sophisticated home for one of New York's most venerable financial firms." Commenting on the award, Bear Steams chairman and chief executive officer James E. Cayne said, "Many people came together to make our 383 Madison World Headquarters a reality. We are extremely proud of our addition to the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. skyline and honored to be recognized by the BOMA for this achievement." Contributors to the 383 Madison Venture included: general manager Thomas Morritt; architects Skidmore, Owings & Merrill and Gerner Kronick & Valcarcel; developer Sterling/Hines; general contractor Turner Construction Co.; engineers Jaros Baum Bolles and Robert Derector Associates; structural engineer Cantor Seinuk Group elevator consultant vda; building maintenance Harvard Maintenance, Inc.; and security Bear Stearns Security. |
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