Nortel Networks has renewed its lease for 57,458 sf at 200 Summit Lake Dr. here. Austin Corporate Properties Inc., of Rye Brook and Howard Properties Ltd., of White Plains represented Nortel, which is headquartered in Brampton, Ontario.

The 235,000-sf building is part of the Summit office park, which is owned by Reckson Associates Realty Corp., of Melville, Long Island. Nortel, which boasted 1999 revenues of $21.2 billion, has been a tenant at the building since 1990 where it occupies the entire first floor. No financial details or the term of the lease were reported.

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