Greiner-Maltz Leases 157 Chambers Street to BMW

New York City, NY, April 17, 2002 - BMW of North America has made a firm commitment to the growth of New York City and the World Trade Center District, by inking a new lease for office space at 157 Chamber Street, just 6 blocks north of the Trade Center site.

"This 3,700-sq. ft. Penthouse floor, plus terraces, has commanding views of the waterfront and Battery Park City" commented Dick Maltz of Greiner-Maltz Management Co., who represented the ownership. "BMW, by making a significant financial commitment both in rent and buildout costs, may be a harbinger of upcoming positive absorption in the Trade Center District." Evan Lavery of CB Richard Ellis, the tenant's broker, worked for over 6-months in the space selection process to locate suitable offices for BMW's elite Design Group.Greiner-Maltz has been appointed the exclusive agent for:

For more information on Greiner-Maltz, or any available properties in the metropolitan area please contact John Maltz at 718-786-5050 x 207, via email at or visit our Website at

About Greiner-Maltz Company of New York, Inc.

About Greiner-Maltz
Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial, commercial, and investment property in Manhattan, Brooklyn, Queens, Long Island, New Jersey, Westchester, and Connecticut. The firms five offices are actively managed by Principals: John Maltz and Sharone Levy in Brooklyn and Queens; Swain Weiner, metro area investments; Tom Attivissimo in Long Island, Raymond Musalo in New Jersey, and Ayall Schanzer in Westchester.