Telx Boosts Capacity with Lease at Rudin Tech Hub

NEW YORK CITY-Telx is giving the Rudin Family an upsized presence at the family's 32 Ave. of the Americas. The interconnection and data center services provider has signed on for a full floor of 45,000 square feet, where it will establish NYC3 Interconnection Center, the third of its facilities within the city. It will also manage and operate the building's 28,000-square-foot HUB, a carrier-neutral “meet me” room that aggregates voice, data and wireless service providers in a single facility.

“This partnership further demonstrates 32 A of A and New York City as a technology and media center,” says Bill Rudin, co-vice chairman and CEO of Rudin Management Co., the operating arm of Rudin Family holdings, in a release. “As technology needs continue to grow in New York, the infrastructure will be there to meet the growing demand.”

Under the agreement with the Rudins, Telx will exclusively operate the MMR Interconnection facility, within NYC3. In turn, NYC3 will leverage Telx's dense connectivity environments at both NYC1 (60 Hudson St.) and NYC2 (111 Eighth Ave), thereby offering the collective Telx customer base access to more than 600 network alternatives.

In a separate release, Telx's president and CFO, Chris Downie, notes that New York City “has always been Telx's backyard, and although we have expanded throughout the country in recent years, we always remain focused on providing unparalleled network connectivity and data center solutions within the New York City metro area. The establishment of NYC3 at 32 Ave. of the Americas provides Telx's clients and prospects with a comprehensive connectivity solution and another option for expansion in New York City that is equal to the expertise and operational compliance that Telx delivers at NYC1 and NYC2.” The company is headquarterd at 1 State St. in Lower Manhattan.

In 2001, the Rudin Family created the HUB @ 32 Avenue of the Americas as a “meet point” for broadband wireless as well as terrestrial networks. The Hub also acts as the point of intersection for broadband wireless networks and broadband optical networks, thanks to a pair of 150-foot-tall radio towers on the roof of 32 A of A.

The first transatlantic telephone call via cable was switched through the 27-story, 1.2-million-square-foot Art Deco tower in 1956, making it one of the most historically significant telecom buildings in the city. It was formerly known as the AT&T Long Lines Building.

Robert Steinman, VP at Rudin Management, represented the building's ownership in-house on the transaction, while CBRE SVP Amanda Bokman and first VP Robert Meyers represented Telx. Lease terms were not disclosed.