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POSTINGS: Coming to the Trade Center; Showcase for the Russians

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Kristin Moore
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« on: April 10, 2011, 01:47:21 am »

POSTINGS: Coming to the Trade Center; Showcase for the Russians
Published: January 12, 1992



Thanks to the Russian Government, the World Trade Center actually will be using commercial space at its northeast plaza building for its intended purpose -- showcasing foreign products.

The Russians have chosen to open a trade and cultural center at the center in 52,000 square feet of ground-floor and mezzanine space. They are also taking 28,000 square feet of office space.

It's a 20-year lease that the trade center says has a value of $51 million. It was born of conversations set in motion by Gronich & Company, a leasing firm whose managing director, James P. Stuckey, is New York's former development commissioner.

The retail and showroom space will be in 5 World Trade Center, at Church and Vesey Streets. The Russians' International Center for Business Cooperation, as tenant, will have an auditorium, conference rooms and whatever else it takes to galvanize trade.

A Russian delegation that included Alexei Tsaregorodtsev, chief of staff to Aleksandr Rutskoi, now Russian's vice president, met George Rossi, the trade center's rental manager, in a visit to the city a year ago. "We began talking to a group in January and they wound up in power," Mr. Rossi said.

The Russians' center, which the Phillips Janson Group is designing, is expected to open early in December.

http://www.nytimes.com/1992/01/12/realestate/postings-coming-to-the-trade-center-showcase-for-the-russians.html?ref=worldtradecenternyc
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