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Swiss Bank Tower declares 100% occupancy in 2 years.


Swiss Bank Tower, the recently completed 322,500 square foot, 38-story office tower located at 10 East 50th Street, is now fully leased, announced Peter Ricker Rick´er

n. 1. A stout pole for use in making a rick, or for a spar to a boat.
, president of The Galbreath Company. John Nuveen & Company, Inc., a Chicago-based mutual fund company, leased the remaining 13,000 square foot, 31st floor to house its 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
 offices.

Swiss Bank Tower is managed by The Galbreath Company, which also serves as exclusive leasing agent for the property. Philip D. Restifo, senior managing director, and Elizabeth Houley, associate director, acted on behalf of the building owner, Swiss Bank Corporation
For banks in Switzerland, see Swiss bank


Swiss Bank Corporation (SBC) (German: Schweizerischer Bankverein (SBV), French: Société de Banque Suisse (SBS), Italian:Società di Banca Svizzera
. Don Schnabel, executive vice president, and Robert Goodman Goodman was a polite term of address, used where Mister (Mr.) would be used today. Compare Goodwife.

Goodman refers to:

Places
  • goodwife, Mississippi, USA
  • Goodman, Missouri, USA
  • Goodman, Wisconsin, USA
, managing director, of Julien J. Studley represented Nuveen.

Leasing efforts for Swiss Bank Tower officially began in December 1989 although building construction was not complete until March 1991.

Swiss Bank Tower is the creative result of cooperation between Swiss Bank Corporation and Saks Fifth Avenue Saks Fifth Avenue is a chain of upscale American department stores that is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. It competes in the elite luxury department store market with Neiman Marcus, Bergdorf Goodman and Barneys New , now owned by Investcorp, Inc. Galbreath developed the property as a build-to-suit achieving a significant retail expansion for Saks Fifth Avenue which took possession of the lower nine floors. Swiss Bank Corporation is owner of all the building's upper floors which constitute the office tower, one of the most technologically advanced and functionally efficient office environments in New York.

The tower features virtually column-free space on floors that range in size from 12,400 to 13,100 square feet, offering mid-sized firms the advantage of full-floor identity in a building of institutional quality. Floor configuration allow for six corner offices per floor and a very low loss factor.

John Nuveen & Co. is the building's first United States-based tenant. An impressive array of international companies have selected Swiss Bank Tower, including Allen Al·len , Edgar 1892-1943.

American anatomist who is noted for his studies of hormones and for the discovery (1923) of estrogen.
 & Overy; The Yarmouth Group; Sun Alliance USA Inc.; Clifford Chance Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and revenue, and a component of the UK's "Magic Circle" of leading law firms. In recent years, it has universally come to be accepted as the world's leading global law firm. ; The 77 Bank, Ltd.; Banco Bamerindus do Brasil; and the joint offices of Loeff Claeys Verbeke, and Gide Loyrette Nouel.
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:office building in New York, New York
Publication:Real Estate Weekly
Date:Oct 21, 1992
Words:309
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