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Tenant renews at Crystal Pavilion.

Tenants renews at Crystal Pavilion

The advertising agency of Ally & Gargano has renewed its lease at The Crystal Pavilion at 805 Third Avenue it was announced by Charles S. Cohen, president and CEO of Cohen Brothers Realty Corporation, the exclusive leasing agent for the building. The lease covers the entire 16th and 17th floors and a portion of the 15th floor totalling 49,410 square feet.

Ally & Gargano, with annual billings in excess of $300 million, counts among its clients Heinz/Weight Watchers, P. Lorillard, Pfizer, Bank of New York, Dunkin Donuts and Jergens among others.

The Crystal Pavilion at 805 Third Avenue, located at 49th to 50th Street is the Manhattan headquarters for Baker & McKenzie, Westinghouse Electric, Princess Hotels and Kenneth Leventhal & Co., CPA.

The aggregate rental for this long term lease commitment exceeds $18 million. Steven Swerdlow, executive vice president and John P. Maher of CB Commercial Real Estate, Inc. represented Ally & Gargano and John Monaco, Vice President/ Director of Leasing, Cohen Brothers Realty Corporation represented the Building.
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Title Annotation:Ally and Gargano
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Oct 9, 1991
Previous Article:Riverbank announces deals.
Next Article:ESG + Mitsui try to bridge the gap.

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