"Newmark Knight Frank's leadership in the business community andexperience in this neighborhood made it the clear choice for thisproject," says Jeffrey Sussman, president of Louis DreyfusProperties. Newmark's Robert Silver, executive managing director,Scott Brown, associate, and Neil Rubin, associate, will handle theleasing of the nearly vacant building.

Sussman tells GlobeSt.com that the building has only one tenantand is by most respects completely vacant. The 152,000-sf buildingis being converted into a "very modern office space," according toSussman. The lobby will be fully renovated and the building willreceive new elevators, air conditioning, washrooms, windows and newwood floors. Offices will have the loft-space feel complete withexposed ceilings when complete. He declined to tell GlobeSt.com thetotal construction costs saying only that they are "spending a lotof money."

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