Property Resources Corp. expands at Malkins' Ten Bank St.

Property Resources Corp. has expanded its space at Ten Bank St., according to Jeffrey Newman, executive VP of Malkin Properties, the marketing and managing agent for the building. A Ten Bank St. tenant since 2002, Property Resources has leased an additional 1,737 s/f on the fifth floor, bringing its total occupancy to 5,894 s/f. The tenant was represented by Patricia Valenti of Newmark Grubb Knight Frank. Malkin Construction will immediately begin working on the expansion space. "Malkin Properties' management couldn't have been more accommodating when we approached them about expanding our space," says John Chatzky, vice president of Property Resources. "With its proximity to the White Plains train station, convenient parking and hands-on management, Ten Bank Street has provided an advantageous and vibrant atmosphere for our business since we arrived, and we hope to remain here for many years to come." Property Resources Corporation offers property development, property management, building maintenance, construction management and brokerage services to a wide variety of clients in the Greater New York area. Under the leadership of CEO Frank Linde, the company has developed and constructed over 5,000 housing units, including low-income, middle income and luxury condominiums. "Ten Bank Street's top-tier amenities and convenient access to major highways and mass transit provide an excellent environment for expansion," says Mr. Newman, who represented the tenant in the transaction, along with senior leasing associate Kimberly Zaccagnino and leasing associate Tara Long. "We congratulate Property Resources on its growth, and are happy to have assisted the firm in its acquisition of additional space."