Printer Friendly

Major new lease on LI.

Margolin, Winer & Evens, Long Island's largest accounting firm, has leased 35,904 square feet of space in 400 Garden City Plaza in Garden City, Long Island. The announcement was made by William D. Fugazy, Jr., regional president of Koll Management Services, exclusive management and leasing agent for the building.

Vice President Joseph A. Farkas negotiated the transaction for the owner.

The tenant leased the space, which comprises the entire fifth floor of the building, for a term of 15 years. Margolin, Winer & Evans will relocate to its new space from 600 Old Country Road, Garden City. According to Farkas, the accounting firm required contiguous space to consolidate various offices as well as provide for future growth. This represents the largest new office lease in Nassau County this year.

Herb Agin and Richard Someck of Sutton & Edwards, Inc. (Lake Success) represented the tenant in the transaction.

This lease brings 400 Garden City Plaza to 80 percent occupancy. Tenants in the 174,412-square-foot building include Scully, Scott, Murphy & Presser, Utica Mutual Insurance Co. and Metropolitan Life Insurance Co.

The blue reflective glass, five-story building, which was completed in 1988, is located directly across from the newly renovated Roosevelt Field Mall. Features include a five-story atrium lobby, tenant-controlled HVAC and 24-hour access. It is just off the Meadowbrook Parkway and easily accessible to the Long Island Expressway and Northern State, 25 minutes from midtown Manhattan.

This lease represents the first major Long Island transaction of the newly formed Koll/Tishman Management Services, a division of Koll Management Services.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Margolin, Winer and Evens leases commercial space in Garden City, Long Island, New York
Publication:Real Estate Weekly
Date:Jun 2, 1993
Words:255
Previous Article:Diamond District sees expansion in leases.
Next Article:Wilrock signs Associated 24.
Topics:


Related Articles
Wilrock LI gets exclusive for Mitchell Field property.
C&W launches new lease projection system.
CB Richard Ellis.
Agents. (On the Real Estate Scene).
Space available at Long Island's "Rockefeller Center".
Software leader takes full floor in landmark.
55,000 s/f corporate campus deals inked.
Capital gain at EAB.
CBRE lands exlcusive for former Saks department store.
Firms eat up 137.000 s/f at transformed former Bristol Meyers lab.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters