The old saying in real estate was "location, location, location." But with the deployment of fiber-optic technology into a number of commercial buildings in New York City, the new version of that maxim may now be "location, bandwidth, location."
Metromedia Fiber Network (MFN-New York, NY) has agreed to provide direct fiber connectivity technology to all of Ruding Management Co.'s owned and managed commercial properties in New York City. The agreement encompasses all 16 of Rudin's properties in Manhattan, consisting of over 10 million square feet of commercial space, including the New York Information Technology Center and the New York Global Connectivity Center.
With the application of MFN's Optical Access Ramp concept, Rudin's tenants will be able to deploy advanced Internet, data, video, broadband, and voice applications with virtually unlimited bandwidth--from OC-3 to OC-192--at a fixed lease cost.
"This agreement allows building owners and managers like Rudin to convert their commercial properties into 'e-buildings,'" says Nick Tanzi, MFN's president and chief operating officer, "and provides them with strategic marketing tools to attract and retain quality tenants."
The Optical Access Ramp gives users control over their networks by providing unlimited, unmetered bandwidth using dark fiber infrastructure. The type of fiber installed, single or multimode, depends on a company's requirements, and can be deployed in a number of applications, including single-entry, point-to-point connections, dual-entry diverse ring, SONET-capable networks for multiple locations, and private network builds. MFN says that their fiber-optic facilities are capable of transmitting up to 2 Tbits/sec.
Bill Rudin, president of Rudin Management Co., says that the agreement "accomplishes three important goals: our customers get multiple choices for carriers; telecom carriers gain a 'just-plug-in' architecture; and Rudin gets a managed riser system that can scale with time."