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Article: Grand Central retail management up for grabs.(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- July 12, 2000
- Author:
CopyrightCOPYRIGHT 2000 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A healthy competition is brewing for many of the nation's biggest real estate firms, now that the Metropolitan Transportation Authority has announced it is looking for a property manager at Grand Central Terminal. The space, which includes the retail and restaurant section of the station, is bound to bring a great deal of prestige to whichever firm undertakes it.
Grand Central Terminal is currently managed by Jones Lang LaSalle, the company responsible for transforming the station into the financially booming, tourist-friendly facility, it is today.
The MTA began the proposal evaluation process July 7, and the winner will be announced at the end of the ...