University secures one of last 'bargains' on Park Ave. South.The State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. at Stony Brook Stony Brook may refer to: Massachusetts:
Newmark Knight Frank's William Cohen For other persons named William Cohen, see William Cohen (disambiguation). William Sebastian Cohen (born 28 August 1940) is an author and American politician from the U.S. state of Maine. , executive vice president and principal, and Matt Leon, managing director, represented the building's owner, Rockrose Development, in the transaction. SUNY SUNY - State University of New York was represented by John Peters. senior director at Cushman & Wakefield. "SUNY/Stony Brook intends to use the space to reach out to strategic alumni for endowment enhancing purposes," says Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. . "The conference space is the critical ingredient, since much of the school's outreach will consist of Deans' Symposia and other presentations." "The deal was closed in the high $30s per square foot, including a contribution toward the tenant's buildout and the full Rockrose commitment to excellence," says Leon. "The building already has the advantage of location--27th Street is one of the most attractive cross-streets in the neighborhood--and it has already undergone the typical intensive Rockrose upgrade. "This space will be built out to an extremely high-end finish." Rockrose, Leon explains, is known for providing maximum amenities, service and privacy, as well as enhanced security for its tenants. Security features at 387 Park Avenue South include elevators activated by swipe-cards, so that tenants and visitors can only go to floors to which they've been invited. Even the more prestigious buildings in the Madison Square Madison Square is a neighborhood on the East Side of the New York City borough of Manhattan, centered on a 6.8 acre (2.75 Hectare) public park in the New York City borough of Manhattan, named for James Madison, fourth President of the United States and co-author of the United area are still relatively inexpensive, Cohen concludes, but with the current vacancy rate at a historically low 4.1% he warns that the bargains won't last long. On that note, Cohen says he is pleased to announce his team is currently marketing 26,369 s/ f of space on the entire 7th floor and part of the 6th floor. The space features an existing elegant Architectural Digest Architectural Digest is a glossy American monthly magazine. Its principle subject is interior design, not -- as the name of the magazine might suggest -- architecture more generally. The magazine is published by Condé Nast Publications and was founded in 1920 [1]. award-winning installation and is offered with a generous allowance from ownership for the next tenant to make the space its own. "This is a neighborhood that continues to grow in value," he says. "It's a convenient, sophisticated area that's becoming more and more attractive to organizations like Stony Brook, which is one of the most academically prestigious schools in the SUNY system." |
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