NEW YORK CITY, NY – September 29, 2011 – (RealEstateRama) — W&H Properties has appointed Perry Incantalupo general manager of One Grand Central Place, announces Anthony E. Malkin, president of Malkin Holdings LLC, which supervises W&H Properties.
Mr. Incantalupo, 39, has extensive experience in property management, having held several key on-site roles during his 13-year tenure at CB Richard Ellis. Most recently, he served as property manager of 787 Seventh Avenue (The AXA Equitable Building), a 1.7-million-square-foot, Class-A property that houses the restaurant La Bernardin. His previous positions include project manager at 650 Madison Avenue and assistant manager at 200 Park Avenue.
In addition, Mr. Incantalupo received an M.S. in real estate finance and investment from New York University and a B.S. in economics from Boston University.
“Perry has an outstanding track record of work at prestigious Manhattan properties, along with an impressive academic background.” says Mr. Malkin. “He will be able to draw upon this experience and knowledge in helping to cement One Grand Central Place’s position as the white-glove, corporate property of choice in the Grand Central district.”
Mr. Incantalupo, in turn, is excited about his new role. “The staff of One Grand Central Place is both high-quality and enthusiastic,” he says. “When I met them, I immediately recognized that they make a powerful team, and I am fortunate to work with them.”
He is also a fan of the neighborhood. “I’ve lived on 42nd Street for more than a decade,” he explains. “I’ve seen the area go through several incarnations. Today, it’s clearly the central business district for Manhattan, with tenants that reflect this status. It’s also exceptionally convenient – everything is within walking distance and Grand Central Terminal offers so many transportation options.”
Rising 55 stories directly opposite Grand Central Terminal, One Grand Central Place provides a white-glove corporate environment with unparalleled convenience. It offers direct in-building access to Grand Central Terminal, including Metro North and the 4, 5, 6, 7 and Times Square shuttle subway lines, and unsurpassed on-site services and amenities, including a visitor center, messenger center, multi-media conference center and law library.
The state-of-the-art property has undergone $85 million of upgrades to its windows, elevators, air-conditioned public corridors and restrooms, and building-wide systems, including electrical, plumbing, HVAC and security.
Part of the W&H Properties’ Pre-War Trophy office portfolio, One Grand Central Place is supervised by Malkin Holdings LLC, one of New York City’s most financially stable ownerships. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives.
Available office space at the property ranges from W&H portfolio standard high-end pre-built suites from 2,500 to 5,000 square feet, to a white-boxed full floor of 48,000 square feet.
Broker commissions are paid in full at lease signing.
Contact:
Rachel Antman or David Grant, LVM Group Inc.
(212) 499-6570; (212) 499-6565
rachel (at) lvmgroup (dot) com; david (at) lvmgroup (dot) com
