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Kaufman has all of the answers for newcomer.

GuruNet Corporation, owner of answers.com and gurunet.com, has signed a five-year lease for 3,000 s/f of office space at 237 W. 35th Street in the Fashion District.

This is the first-ever office for a publicly traded Israeli-based Internet business.

GuruNet Corporation has three US patents for its technologies the company invented for retrieving fast and simple answers on the Internet. The company's two Web sites, gurunet.com and answers.com, provide users with instant snapshot answers from reliable sources instead of a list of links like Google would provide.

According to Michael Heaner of the Kaufman Organization who represented the tenant in the transaction, the space is in move-in condition for the company. Although the terms of the lease are undisclosed, the asking price for the space was $25 per square foot. Mike Kaufman and Grant Greenspan of the Kaufman Organization represented the landlord, 35th Street Associates.

The 17-story, 150,000-square-foot building features an attended lobby and 24-hour access. Other tenants of the pre-war building include Banana Republic, Quinn & Co. Public Relations, and Spin International.

"This is the perfect starter office for a growing company like GuruNet," said Heaner.
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Title Annotation:Kaufman Organization
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 3, 2005
Words:193
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