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Carnegie Hall Towers welcomes new tenants.

Martinez Valero (USA) Ltd., a leading fashion footwear company, has leased approximately 4,000 square feet of space at Carnegie Hall Tower, the dramatic 60-storey landmark office building designed by Cesar Pelli and developed by Rockrose Development Corp. Henry Elghanayan, chairman of Rockrose, made the announcement.

According to Allan Cartun, president of Martinez Valero (USA) Ltd., the move represents an expansion of the business in America. The corporation, which is a subsidiary of Martinez Valero S.L., a 40-year-old Spanish footwear manufacturer based in Elche, Spain plans to move to Carnegie Hall Tower at the end of May.

The company joins a prominent roster of tenants already in residence at Carnegie Hall Tower that include EMI Music, the Bank of Boston International, Credit Lyonnais PK Air Finance, KCI Management Corp., the entertainment law firm of Grubman Indursky Goldstein Schindler & Flax, the Imago Recording Company, the law firm of Feltman, Karesh, Major and Farbman and SRS Hotels, Steigenberger Reservation Systems, Inc.

Joel Klinger, associate director of Newmark Real Estate Services represented Martinez Valero in the transcation. Rockrose Development was represented by its vice president Robert Lobel, and William G. Cohen, executive director on Newmark Real Estate Services, Carnegie Hall Tower's exclusive leasing agent.

Recognized for its sensitive combination of classic design, and modern features and amenities, the 535,000-square-foot Carnegie Hall Tower is one of the tallest commercial towers developed in Manhattan since 30 Rockefeller Plaza and the Empire State Building.

In another lease transactions, SRS Hotels Steigenberger Reservation Service Inc., which provides global marketing, sales and reservation services for 250 luxury international hotels, has tripled the size of its North American headquarters by relocating to the 28th floor of Carnegie Hall Tower.

The company, which spent 22 years at 425 Madison Avenue prior to its relocation in April, represents independent hotels in 169 cities in 49 countries, including such New York hotels as the Rhiga Royal, the Peninsula and the Warwick.

Joe Sarno of Cushman & Wakefield represented SRS Hotels Steigenberger Reservation Service Inc. in the 4,000-square-foot leasing transaction. Rockrose Development was represented by Mr. Lobel, and William G. Cohen, executive director, of Newmark Real Estate Services, Carnegie Hall Tower's exclusive leasing agent.
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Publication:Real Estate Weekly
Date:May 22, 1991
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