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Plain sailing as 11 firms sign Navy Yard leases.

Building upon its role as the most successful, single-landlord industrial park 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.
, the Brooklyn Navy Yard The United States Navy Yard, New York - better known as the Brooklyn Navy Yard or the New York Naval Shipyard (NYNSY) - is located 1.7 miles northeast of the Battery on the Brooklyn side of the East River in Wallabout Basin, a semicircular bend of the East River  announced that eleven small firms had fortified fortified (fôrt´fīd),
adj containing additives more potent than the principal ingredient.
 their operations at the site.

The companies collectively represent 73 jobs at the 300-acre property, where more than 220 private-sector tenants employ approximately 4,100 people. The Brooklyn Navy Yard is owned by New York City.

The eleven firms include two jewelry distributors, two set designers, an importer of Chinese glass products, a custom cabinetmaker, and several other growing enterprises.

"We are proud to nurture New York's entrepreneurial spirit here at the Brooklyn Navy Yard," said Brooklyn Navy Yard Development Corporation (BNYDC) president Eric Deutsch. "Time and time again, the Brooklyn Navy Yard has proven its ability to help small companies grow and succeed."

The BNYDC board of directors--chaired by Alan H. Fishman, 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 Independence Community Bank--took formal action on the various contracts, expansions and renewals at a recent board meeting.

Daddy-O Productions, a five-year tenant, has outgrown the 2,500 square feet it originally leased and will add another 1,750 square feet; December Box, a seven-year-old company, is relocating from Crown Heights and will occupy 1,350 square feet; Global Business Trading is leasing 2,700 square feet; Jasco jewelry distributor will add 2,200 square feet to its existing 3,600-square-foot lease.

MAM MAM

methylazoxymethanol.
 Construction is relocating to the Brooklyn Navy Yard from Flatbush. The firm will lease approximately 2,200 square feet; Noted, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 is leasing approximately 1,000 square feet; Personalized Monograms, which leases 1,250 square feet, has been a Navy Yard tenant for ten years signed a five-year lease renewal.

R.A.P.I.D. Services, Inc., seven-employee architecture and design company occupying 2,000 square feet, R.A.P.I.D. renewed its lease for five years; Scenicorp of 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
 is adding 1,400 square feet to its existing 10,000 square feet of space at the Navy Yard; Thermomechanics has renewed its 1,600-square-foot lease for five years; VOM Carpentry is relocating from Red Hook Red Hook can refer to:
  • Red Hook, Brooklyn, a neighborhood in Brooklyn, New York, USA
  • Red Hook, New York, a town in Dutchess county in the State of New York, USA
  • Red Hook (village), New York, a village in the Town of Red Hook, New York, USA
 and leased approximately 1,400 square feet.

The Brooklyn Navy Yard's existing 3.5 million square feet of space--presently consisting of 40 rentable buildings--is 97 percent occupied. On July 14, New York City Mayor Michael R. Bloomberg announced plans for an expansion that could add as many as 800 jobs to the Brooklyn Navy Yard within the next five years.
COPYRIGHT 2004 Hagedorn Publication
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Nov 17, 2004
Words:403
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