The New York office for the broadcast communications division of the
multi-billion dollar Harris Corp. is moving uptown from its Midtown
South location to Atco Properties’ 555 Fifth Avenue, at the corner of
46th Street, according to a release by the tenant broker on the deal,
The broadcast division is taking 17,460 square feet in the 19-story
building with a move-in date of April 1, a spokesperson for UGL Equis
said. The firm currently occupies 15,000 square feet in 99 Madison
Avenue at 29th Street.
The terms of the deal were not disclosed. Asking rents in the
238,000-square-foot building on Fifth Avenue, which is 18 percent
available, range from $49 per square foot to $54 per square foot,
according to leasing data Web site, MrOfficeSpace.com.
The Harris division made the move to be closer to its clients, which
were concentrated in the Midtown area, UGL firm said in a statement.
Tadd Wisinski, senior vice president and David Starr, an associate,
represented Harris for UGL Equis.The landlord was represented
Harris, based in Florida, is a communications and technology company
that sells government as well as civilian products, including to the
U.S. National Security Agency, the company’s Web site says.