NEW YORK CITY-Rudin Management Co. has signed an agreement with Internet service provider Cogent Communications to equip 16 of its commercial buildings here with all-optical 100 Mbps access. As part of the deal, which involves 10 million sf, Cogent will use 32 Sixth Ave. as its Manhattan hub site, a property Rudin is redeveloping as the NY Global Connectivity Center. The facility is slated for completion this year.

Cogent technology provides a connectivity rate that is approximately 100 times faster than T1 capacity and is offered for $1,000 per month, well below the cost of a T1 connection. In addition to launching its services here and in its headquarters city late last year, the Washington, DC-based firm made its debut in Chicago and Philadelphia. By the end of the second quarter of 2001 it plans be set up in nine other metropolitan areas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.