Business Services Industry
Broadway Trading LLC
Real Estate Weekly, Sept 20, 2000
Broadway Trading LLC, a leading day trading company, is re-locating its New York City offices from 50 Broad Street to 417 Fifth Avenue, according to Paul Callahan, an associate of Emmes & Company, the building's property managers.
Broadway Trading will occupy 30,000 square feet on the building's sixth floor in October. The rent averages $50 a square foot, and the lease runs for 12 years.
Burt Miller and Stanley Kleger of Murray Hill Properties represented the tenant; Matthew Astrachan of Cushman & Wakefield represented the owner in the lease negotiations.
Dubbed the Cyber Center because of the volume of Internet-related tenants, 417 Fifth is home to Women.com, Predictive Systems and Infogrames.
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