New York City-based Muss Development's Stan Markowitz negotiatedthe lease with the City of New York, and Manny Fuhrman of Mussrepresented Queens Tower in the Con Edison lease. A source close tothe deal tells GlobeSt.com that they are not able to releasenumbers on the price at this time.
The 185,000-sf, 10-story building was long occupied by VerizonCommunications. When the telecommunications company vacated theproperty in 2005, Muss Development recognized the opportunity toinvest in upgrades that would attract major creditworthy tenants,according so a company release. Muss gutted the building, removedasbestos and installed new utilities, HVAC and elevators. The lobbywas also completely renovated, as was the three-level parkinggarage, with 269 spaces, adjacent to the building, which is used byQueens Tower tenants and visitors.
As part of the renovations, Muss constructed a second lobby on88th Avenue, for the exclusive use of the city's employees, clientsand visitors. Tenants on floors seven through 10 use the lobby on165th Street.
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