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AmEx unit signs in Teleport II.

American Express Travel Related Services has signed a major lease at Staten Island's 160,000-square-foot, Teleport II, a development of Teleport Associates.

The firm, a unit of American Express, will be relocating to facilities in Teleport II from 770 Broadway in midtown Manhattan. The 35,000 square foot lease is for 10 years.

American Express will occupy most of the first floor. Floors two and three, each with 55,000 rentable square feet, are also available for lease in this newly completed structure designed by Rotwein & Blake. Teleport II, with a dramatic three-story atrium, offers 16 feet slab-to-slab heights, 30 feet x 30 feet bay sizes, and 125 pounds per square foot floor loads in addition to a full range of New York City tax abatements and exemptions.

Franklin Speyer, John Peters and Richard Kennedy of Cushman & Wakefield, Inc. represented the ownership, Teleport Associates, as leasing agents. American Express was represented by Ed Riguardi and Ed Ditolla of Koeppel Tener Riguardi.

Teleport Associates, a joint venture of Murray Construction Co., Inc. and Silverstein Properties, was represented by Jeffrey J. Seigel, senior vice president of Murray Construction Co., Inc. The attorney for Teleport Associates was Andrew Schwab, Esq. of Lester Schwab Katz & Dwyer.
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Title Annotation:American Express Travel Related Services Company Inc. leases commercial office space in Staten Island, New York
Publication:Real Estate Weekly
Date:Nov 4, 1992
Previous Article:At Silverstein's NYU workshop: RTC 101.
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