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Newmark Knight Frank to lease Reckson's 'hidden jewel'.


Reckson Associates Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corp. has retained Newmark Knight Frank as exclusive leasing agent for its 1.1-million squar-foot, premier office park, Reckson Tarrytown Tarrytown (târ`ētoun), village (1990 pop. 10,739), Westchester co., SE N.Y., a residential suburb of New York City, on the E bank of the Hudson opposite Nyack; settled in the 17th cent. by the Dutch, inc. 1870. , located in the Western submarket sub·mar·ket  
n.
A geographic, economic, or specialized subdivision of a market.

adj.
Being below what is usual in a particular market: submarket wages; submarket interest rates. 
 of Westchester County.

John D. Goodkind, managing principal of Newmark Knight Frank's Westchester and Connecticut Connecticut, state, United States
Connecticut (kənĕt`ĭkət), southernmost of the New England states of the NE United States. It is bordered by Massachusetts (N), Rhode Island (E), Long Island Sound (S), and New York (W).
 offices, announced the appointment of the leasing assignment. The buildings are centrally located along the 1-287/I-87 corridor on Route 119 in Tarrytown, N.Y.

"The location is ideal because the office park is easily accessible to multiple routes. The park is right off the Tappan Zee Bridge Noun 1. Tappan Zee Bridge - a cantilever bridge across the Hudson River
Empire State, New York State, NY, New York - a Mid-Atlantic state; one of the original 13 colonies
, a short distance from downtown White Plains and just a 30-minute drive from Manhattan," Goodkind said. "When you factor in ample parking, competitive rental rates, quality services and top-of-the-line finishes and design, the office space is hard to beat."

Reckson Tarrytown--comprising 100, 120, 505,520, 555, 560, 580 and 660 White Plains Road--is in the process of being repositioned and is undergoing a major, multi-million dollar capital improvement program designed to push the already high caliber of services and amenities to yet another level, Goodkind explained.

At the 180,000 s/f 520 White Plains Road, for example, Reckson is creating an architecturally impressive entry with an abundance Abundance
See also Fertility.

Amalthea’s

horn horn of Zeus’s nurse-goat which became a cornucopia. [Gk. Myth.: Walsh Classical, 19]

cornucopia

conical receptacle which symbolizes abundance. [Rom. Myth.
 of visually appealing upscale finishes, including exotic stone flooring, warm woods, dramatic curved walls with subtle designer lighting and stainless steel stainless steel: see steel.
stainless steel

Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat.
 accents to create a sophisticated office ambiance am·bi·ance also am·bi·ence  
n.
The special atmosphere or mood created by a particular environment: "The noir ambience is dominated by low-key lighting . . .
. The property will feature an upscale gathering lounge with upholstered seating and a plasma screen TV. The Reckson Tarrytown office park also offers tenants a conference facility with global networking venues, fully equipped fitness centers, and cafes for both quick meals and gourmet dining. The office campus is next to a Marriott Hotel featuring a four-star restaurant, and a Sheraton Hotel is scheduled to open nearby next spring.

Because of the capital improvements, the properties are attracting renewed interest from prospective tenants, Goodkind explained. "Now prospective tenants are starting to see the big picture again and taking in all that Westchester has to offer. In the process, they're rediscovering some of the hidden jewels like the Reckson properties in Tarrytown. We have a lot of opportunities to offer to potential tenants."

Available blocks of space range from as small as 520 s/f at 505 White Plains Road to nearly 31,000 s/f at 520 White Plains Road.
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.

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Publication:Real Estate Weekly
Date:Oct 11, 2006
Words:386
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