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C&W to manage 17 State Street.

Teachers Insurance and Annuity Association (TIAA) announced that effective July 1, 1992, Cushman & Wakefield, Inc., will become the property manager for Seventeen State Street, a TIAA-owned 525,900-square-foot office tower located directly opposite New York City's Battery Park.

Leasing for the 42-story tower will continue to be handled by V.J. Peters Associates, L.P.

The original developer of Seventeen State Street was the William Kaufman Organization, whose Sage Realty Corporation subsidiary was retained as property manager by TIM in January 1990 to assist during the transition period when TIM initially acquired the property.

TIAA and its companion organization, College Retirement Equities Fund (CREF), comprise the nationwide pension and insurance organization for approximately 1.5 million employees of some 4,800 colleges, universities, independent schools, and related non-profit educational organizations. Today, with assets in excess of $105 billion, TIAA-CREF is the largest pension fund in the U.S.
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Title Annotation:Cushman and Wakefield Inc. to manage office building in New York, New York
Publication:Real Estate Weekly
Date:Jul 15, 1992
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