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New mark reaches agreement with con ed for fiber optics.


Con Edison Communications, Inc., a provider of fiber optic. network. services in metropolitan 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
, has signed an agreement with New mark & Company Real Estate, Inc., one of the tri-state area's largest providers of. real estate services. The partnership will enable Con Edison Communications to provide "last mile" fiber optic connectivity to multi-tenanted commercial properties owned or managed by Newmark.

A wholly-owned subsidiary of Consolidated Edison This article is about the utility company in New York. For ComEd in Illinois, see Commonwealth Edison.
Consolidated Edison, Inc. NYSE: ED is one of the largest investor-owned energy companies in the United States.
,. Inc., Con Edison Communications' fiber optic network will connect telecommunications and Internet service providers Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 to commercial properties throughout the five boroughs and Westchester.

Newmark & Company Real Estate, Inc. owns, manages and leases large, multi-tenanted commercial properties in more than 125 buildings in 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.
, Westchester, Long Island, Connecticut and New Jersey, as well as California. Newmark Telecommunications, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the telecommunications arm of the company, will pursue site acquisitions on behalf of CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well.  for six months with the option for' extension. Some Newmark-Managed buildings include the Multi-Media Building at 220 East 23rd St., The Film and Video' Center building at 630 9th Ave. and the Market Center at 230 5th Ave.

"Newmark is one of the leading real estate, companies with a prestigious client base -the relationship is an opportunity to further expand our services within the real estate community and New York City, " said Peter Rust, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Con Edison communications. "The agreement signifies not only increased property value for current building owners, but also a lasting. and superior connectivity base for future tenants and owners."

Paul Nussbaum, managing director of Newmark Telecommunications, LLC said, "We chose Con Edison Communications as a' partner and carrier of broadband service for their ability to provide enhanced accessibility to both future and present carrier tenants in our properties."
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 7, 2001
Words:284
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