NEW YORK CITY-The Metropolitan Transportation Authority hasrenewed its lease agreement for another five years for 68,000square feet of space at 469 Seventh Ave., a garment districtproperty that measures 270,000 square feet.

MTA is occupying spaces at the 11th, 14th, 15th and 16th floorsof the 16-story building. Colliers International represented theMeyer family, the owner, and the tenant in the transaction. Theaverage asking rent was $35 per square foot. For the fullstory, go to Crain's NY Business. News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

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