Renewal a no-brainer for researchers.There's no place like home for The Conference Board, Inc. After 43 years of being happily headquartered at the Rudin family's 845 Third Avenue, the world's preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae business membership and research organization, has signed a 15-year lease renewal for its 64,100 s/f office, which comprises two and a half floors in the building. The 21 story tower occupies the entire easterly blockfront of Third Avenue between 51st and 52nd Streets. "We looked at other space options," admitted Sal Vitale, The Conference Board's senior vice president of operations, "but at the end of the day, the decision to stay was really a no-brainer No-brainer A market in which it does not take very complex analysis to figure out how securities are going to perform, such as a strong bull market. . Not only are the lease economics fair, but we truly love the building and the way we're treated here." William C. Rudin, president of Rudin Management Company, the operating arm of the Rudin family holdings, noted that tenant retention has always been a signature hallmark hallmark, mark impressed on silverwork or goldwork to signify official approval of the standard of purity of the metal, also called plate mark. The hallmark was introduced by statute in England in 1300 and enforced by the Goldsmiths' Hall, London. of a Rudin property. "The Conference Board is a prime example of the type of relationship we try to foster with all of our tenants," he stated. Craig Reicher of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. represented The Conference Board in the long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. leasing transaction while Thomas M. Keating of Rudin Management Company represented the owner. |
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