Details of the 11-year lease at the Metropolitan Tower were notreleased but asking rents for available space on the 16th floor ofthe 78-story residential and commercial building are $68 per sf.Arbitron occupies the 11th and 12th floors and part of the 10thfloor.

Arbitron's former parent company, Ceridian Corp., which occupies24,000 sf on the building's 9th and 11th floors, also renewed itslease for 11 years. Ceridian--a tax- and payroll-processingfirm--and Arbitron have occupied their current spaces for roughly15 years. Arbitron was spun off from Ceridian earlier thisyear.

Both tenants were represented by Cushman and Wakefield seniordirector Joseph A. Fabrizi and executive director William Leahy.David Levinson, vice chairman of Insignia/ESG, and Robert Lapidus,president of L&L Acquisitions, represented building owner 142W. 57 St. LLC.

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