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Non-profit squeezes in to fight Inwood market.


CRESA Partners 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
, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 has negotiated a 15,000 s/f lease on behalf of Isabella Geriatric geriatric /ger·i·at·ric/ (jer?e-at´rik)
1. pertaining to elderly persons or to the aging process.

2. pertaining to geriatrics.


ger·i·at·ric
adj.
1.
 Center at 5073 Broadway in Inwood, the northernmost community in Manhattan.

Michael Smith Michael or Mike Smith may refer to: Journalists
  • Michael Smith (sports reporter), American sports reporter for the The Boston Globe and ESPN
  • Mike Smith (television presenter), British television and radio presenter
 and Nicholas Sardone, both senior vice presidents at CRESA Partners, represented the tenant in securing a 15-year-lease with a tenant purchase option.

"The northern tip of Manhattan has been experiencing strong growth over the past few years," said Smith.

"This is an exceptionally tight market with limited commercial space availability and strong demand from institutional medical and educational users who find the location very desirable. Isabella's new facility gives them a very accessible and prominent street presence at the main southbound south·bound  
adj.
Going toward the south.


southbound
Adjective

going towards the south

Adj. 1.
 entry into northern Manhattan."

Isabella Geriatric Center, a non-profit, non-sectarian organization offering a continuum of care to the elderly of New York, will relocate administrative personnel and its recently formed home healthcare business to this site. The tenant is expanding from its main campus at 515 Audubon Avenue in January 2007.
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Article Details
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Publication:Real Estate Weekly
Date:Nov 15, 2006
Words:163
Previous Article:Engineers expand to 70,000 s/f at 155 Sixth.
Next Article:Adams & Co. fills up 135 W36th St.
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