Studley's senior managing director John Mambrino, together withNick Farmakis, managing director, negotiated the renewaltransaction on behalf of GoldenSource. "We made certain thatGoldenSource would directly benefit from the buildingimprovements," notes Mambrino, who was involved in relocated thecompany to its current location nine years ago when the firm movedfrom 770 Broadway.
GoldenSource will benefit from a capital improvement programplanned for the building, which will encompass significantrenovations to the building's various mechanical systems andlobby.
According to Farmakis, location was also a factor thatinfluenced the company's decision to remain in place for the longterm. "GoldenSource will benefit from the building's adjacency tothe new World Trade Center transportation station, as well as itsproximity to Broadway and the World Financial Center."
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