Printer Friendly
The Free Library
14,799,441 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Reckson Associates reports robust Long Island leasing activity.


Reckson Associates Realty Corp. has experienced several substantial lease renewals and expansions throughout their Long Island portfolio. The recent transactions, totaling over 200,000 square feet, are reflective of Reckson's strength in building solid tenant relationships, and in its responsiveness to the growth and changing space needs of tenants. The transactions took place across Reckson's Long Island region, from office space in western Nassau to industrial sites in the heart of Suffolk County Suffolk County may refer to:
  • One of the following counties in the United States:
  • Suffolk County, New York - central and eastern Long Island - the largest Suffolk County by population and geographic size
. Reckson is the largest owner of office and industrial properties on Long Island, with 120 properties totaling 9.4 million square feet.

Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City.  extended their lease for 7,082 square feet at 50 Charles Lindborgh Blvd. in Uniondale. The well-known banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company also leased an additional 13,337 square feet on the third floor of 395 North Service Road in Melville. This new space, combined with their existing 3 8,450 square feet on the first and third floors, gives Chase a total of 51,787 square feet in the building. Thomas Pandolfo of Corporate National Realty served as the broker in both transactions.

Meanwhile, Marchon Eyewear Marchon Eyewear is a United States-based manufacturer and distributor of eyewear. Founded in 1983, the company's portfolio includes several licensed brands in addition to its own house brands. , a producer and distributor of eyewear, renewed their lease for 25,000 square feet at 265 Spagnoli Road in Melville. Ray Finkelstein of United Realty served as the broker.

Another substantial renewal in Melville came from Federal Express Corporation, in which the overnight delivery service renewed their lease for 17,835 square feet at 225 Broadhollow Road.

"Tenant satisfaction is our primary concern, and Reckson has always strove strove  
v.
Past tense of strive.


strove
Verb

the past tense of strive

strove strive
 to accommolate tenants and meet their continuing space needs," noted Mitchell Rechler, Reekson's co-COO. "If a tenant is in need of additional space, meeting that need becomes a top priority. We are always willing to work with tenants in that regard."

Other recent renewals in Melville include transactions with RRT RRT Rapid Response Team
RRT Registered Respiratory Therapist
RRT Renal Replacement Therapy
RRT Regional Response Team
RRT Right Side (philately)
RRT Relative Retention Time
RRT Round Robin Test
RRT Rating Region Table
 Design and Construction/a.k.a Ebviro Services and Constructors, a construction company, renewed their lease for 7,350 square feet at 125 Baylis Road Baylis Road is a thoroughfare in Lambeth, London SE1, England running between Westminster Bridge Road to the south-west and Waterloo Road to the north-east.

The Old Vic Theatre is located at the north-east junction. Waterloo Station is to the north.
. Ross Selinger, of Selinger Enterprises, represented the tenant in this transaction. Also at 125. Baylis, Holtz Rubenstein & Co., P.C., a law officer, leased an additional 6,768 square feet for a total of 21,415 square feet..

Other renewals in Nassau County Nassau County is the name of two counties in the United States of America:
  • Nassau County, New York
  • Nassau County, Florida
 included transactions with Construction Industry Services Corporation, a construction management company, which renewed its lease for 10,378 square feet at 120 Mineola Blvd. Hayes Clark of Jones, Lang, LaSalle Americas, Inc. served as the broker.

Another sizable renewal took place at 1979 Marcus Avenue in Lake Success where Liberty Maritime Corporation, an operator and manager of cargo vessels, renewed their lease for 10,283 square feet.

Renewal activity at Reckson's industrial properties included the retention of PCI (1) (Payment Card Industry) See PCI DSS.

(2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus).
 Corporation, who renewed 32,000 square feet at 140 Wilbur Place in Bohemia Bohemia, Czech Čechy, historic region (20,368 sq mi/52,753 sq km) and former kingdom, in W and central Czech Republic. Bohemia is bounded by Austria in the southeast, by Germany in the west and northwest, by Poland in the north and northeast, and by  for their light manufacturing operation. At nearby 125 Wilbur Place, Copy World of Long Island, Inc., a copy machine distributor, renewed 6,609 square feet.

In Hauppauge, Corporate Transport Express, Ltd., a distributor within the transportation industry, renewed 20,000 square feet at 65 Oser Avenue. Milex Electronics Corporation, an electronics company, renewed their lease for 20,400 square feet. Spectron Glass & Electronics, Inc., an electronics company, renewed their lease for 16,970 square feet.

Several renewals occurred at 400 Oser Avenue in Hauppauge. Axon axon: see nervous system; synapse.  Systems, a manufacturer and distributor of medical equipment, renewed their lease for 6,000 square feet, represented by James Mounce of James Mounce Real Estate. Purchasing Strategies Inc. d/b/a United Consumers Club, renewed their lease for 12, 1 50 square feet for their purchasing club operation. Power Systems International, Inc., a manufacturer of power equipment, renewed their 4,900 square feet.
COPYRIGHT 2000 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Reckson Associates Realty Corp.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 17, 2000
Words:610
Previous Article:Reckson Realty announces redevelopment in Nutley.(Brief Article)
Next Article:GVA Williams acquires Associated Realty in NJ.(GVA Williams assist Loews Corp. in leasing building)(Brief Article)
Topics:



Related Articles
Reckson breaks ground on new Melville office building.(Reckson Associates Realty Corp.)
Reckson leases new AIP 2003 building in Bohemia, NY to Tellabs Operations.
Reckson's 810 Seventh Ave repositioning completed.(Brief Article)
Reckson Associates Realty Corp.(Brief Article)
Reckson Associates Realty Corp.(Brief Article)
Reckson Associates announces Broker of the Year Awards.
Law firm lease takes Executive Park occupancy to 90 percent.(Brief Article)
Reckson reports 600,000 s/f in transactions for the year.(lease transactions)(Brief Article)
Reckson pays $470m for Citigroup tower.(Brief Article)
SL Green Realty Corp.: Denise Rodriguez.(WHO'S NEWS)

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles