NYC's Telecom 'Nerve Center'
60 Hudson Street adds meet-me room to handle continuing
Sept. 6, 2001 (NEW YORK) -- From the outside, the former
Western Union Building at 60 Hudson Street appears, at first blush,
to be a relic of an earlier age.
its art-deco facade of multicolored brick, it was built as a monument
to a technology that's now virtually extinct.
But the lifeblood of the New Economy pulses through the building's
sturdy infrastructure, with fiber-optic cable packing the risers.
The story is much the same at New York's other high-profile carrier
hotel at 111 Eighth Avenue, a 2.6 million square foot facility which
is 96 percent leased.
"This is ground zero, the nerve center for international
telecom," said Trey Farmer, executive vice president
of FiberNet telecom, as he guides a visitor through the routers
and switches filling his company's operations center. "This
is the most important carrier hotel in the world."
the midst of a national glut of telecom space, the former
Western Union headquarters provides the ultimate example of
the desirability of carrier hotel space in top markets.
building is 98.3 percent leased, with the remaining 16,000
square feet available at a listed asking price of $85 a square
foot, according to GVA Williams, which manages the building.
places like 60 Hudson, there's still extremely strong demand for
space," said FiberNet's Farmer. "There are still many
foreign carriers who don't have space here, and need it."
provided an opportunity for FiberNet, which is partnering with GVA
Williams to build and operate a meet-me room on the ground floor
of the massive building, which is home to at least 65 telecom companies.
The 15,000 square foot facility will allow carriers
to interconnect their network with any other telecom provider in
"As part of that process, we're putting
in a 72-conduit system that touches every floor and every carrier
in the building," said Farmer.
The meet-me room will also provide a colocation area, allowing carriers
who have been shut out of space to have a presence in the building. The facility, which was begun in May, is expected
to be completed this fall.
pretty speedy work considering 60 Hudson Street's status as a historic
a grand history as a cornerstone in the development of America's
communications infrastructure. The Western Union headquarters was
designed by architect Ralph Walker, noted for his "distinctive
design approach related to the contemporary Art Deco style,"
according to the New York Landmark Preservation Commission.
square foot facility was built between 1928-30 at a cost of nearly
$45 million - which, adjusted for inflation, is the equivalent of
$428 million today. It
initially housed 70 million feet of wire and 30 miles of conduit,
as well as a library and gym.