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	<title>Observer &#187; Report: United Nations to Move to 46th Street</title>
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		<title>Observer &#187; Report: United Nations to Move to 46th Street</title>
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		<title>Report: United Nations to Move to 46th Street</title>

		<comments>http://observer.com/2007/06/report-united-nations-to-move-to-46th-street/#comments</comments>
		<pubDate>Tue, 26 Jun 2007 00:28:45 -0400</pubDate>
					<link>http://observer.com/2007/06/report-united-nations-to-move-to-46th-street/</link>
			<dc:creator>John Koblin</dc:creator>
				
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		<description><![CDATA[<p>The United Nations is moving at least 700 employees and 180,000 square feet of office space to 305 East 46th Street, <a href="http://dev.lockdata.com/rew/news/story.aspx?id=29">according to a report in <em>Real Estate Weekly</em></a>.
<p>A spokesman for the UN confirmed to <em>Real Estate Weekly</em> that the move will begin next year, as the famed UN Building undergoes an extensive renovation. The renovation of the building should last through 2015.</p>
<p>The UN employees will move into a 79-year-old building known as the Albano Building, which is just off Second Avenue and only blocks from its regular home. The UN&#039;s new home is a drab Class B building that needs an upgrade. The UN will foot the entire bill for all renovations. </p>
<p>The spokesman said it hasn&#039;t been determined which offices will move and which will stay during the six-year renovation. A source told <em>Real Estate Weekly</em> the rents for its new home will be under $50 per square foot, an inexpensive option during a time when Manhattan office rents are at all-time highs.</p>
<p>The spokesman said that the UN employees that relocate to East 46th Street are the “lucky ones because they only have to move once.&quot;</p>
]]></description>
		<content:encoded><![CDATA[<p>The United Nations is moving at least 700 employees and 180,000 square feet of office space to 305 East 46th Street, <a href="http://dev.lockdata.com/rew/news/story.aspx?id=29">according to a report in <em>Real Estate Weekly</em></a>.
<p>A spokesman for the UN confirmed to <em>Real Estate Weekly</em> that the move will begin next year, as the famed UN Building undergoes an extensive renovation. The renovation of the building should last through 2015.</p>
<p>The UN employees will move into a 79-year-old building known as the Albano Building, which is just off Second Avenue and only blocks from its regular home. The UN&#039;s new home is a drab Class B building that needs an upgrade. The UN will foot the entire bill for all renovations. </p>
<p>The spokesman said it hasn&#039;t been determined which offices will move and which will stay during the six-year renovation. A source told <em>Real Estate Weekly</em> the rents for its new home will be under $50 per square foot, an inexpensive option during a time when Manhattan office rents are at all-time highs.</p>
<p>The spokesman said that the UN employees that relocate to East 46th Street are the “lucky ones because they only have to move once.&quot;</p>
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