Grand Central Commercial Real Estate
The area known as Grand Central or Terminal City emcompasses the area
around East 42nd street in Manhattan. The area has been home to many
recognized names, like CBS Television, U.N. Population Fund , and the
Neuberger Berman, to name a few. The area is known for it's high volumn
of class A office space and central location, as a transportation hub
the area enjoys a large volume of business. A number of prestigious
buildings dot the area, like the Graybar, Chrysler, and the News Building,
each offering its own class of distinction. With space at a premium,
Grand Central commercial real estate is highly sought after by industry
leaders.
Since 1913 the area has served as an anchor for real estate development
in midtown Manhattan. With Grand Centeral Terminal Station renovated
the neighborhood now enjoys a luxurious portal welcoming any and all
upon entry, and with the development of the second avenue line under
way, this area is posed to dominate the midtown market for commercial
realty. Grand Central has become an international example of a successful
commercial urban project that gives new life to an historic building
and area real estate.
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