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News

05/24/06

Global Deal

Commodity traders, Global Price, leased 1,265 sf at 64 Fulton Street for the next five years because their current office building at 114 East 32nd Street is being converted to residential use. Vlad Porter of VB Porter & Company represented the tenant in negotiations with building owner, William Hocking of William S. Hocking Realty. Downtown seems to still command the cheaper rates even if rents there are on the rise, said Porter.