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News release

New York

Jones Lang LaSalle Completes 14,201 SF Lease for EC English At 1450 Broadway

Adult Education School to Occupy Entire 14th Floor


NEW YORK, January 21, 2008 — Jones Lang LaSalle has completed a new direct lease for EC English Language Schools at 1450 Broadway. The language school signed for 14,201 square feet at the 382,269-square-foot Class A office building.
The tenant was represented by John Ryan, managing director, Edward DiTolla, senior vice president, and Genevieve Francois, analyst, all with Jones Lang LaSalle’s New York office. The building owner, The Moinian Group, was represented in-house by John Monaco.
 
“EC English offers intense English classes for adults and children who are looking to move to the United States temporarily for business or education purposes,” said Ryan. “The company was looking for a central location in Manhattan and 1450 Broadway was ideal for its needs. For an international firm to take space in New York during a period of economic turmoil demonstrates the continued importance of the city to the global market.”
 
EC English, which is headquartered in the Republic of Malta, is opening its first New York location at the 42-story 1450 Broadway. The language school will occupy the entire 14th floor at the building, which is located between West 40th and West 41st streets.
 
Neighboring tenants at 1450 Broadway include BCBG/Max Azria,  Ballon, Stoll, Bader & Nader P.C., Disney, Joe Boxer Licensing, Nederlander Worldwide Entertainment, Neiman Marcus Co., Northrop and Regatta (USA) LLC.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2007 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.2 billion square feet worldwide. In the New York area, Jones Lang LaSalle provides leasing and management services for nearly 45 million square feet of commercial real estate. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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