Daily News du lieu suivant : New York, New York • 131

XQ 4 -TUESDAY BUSINESS Tuesday, March 10, 1987 I ISssur Stoaimis' bio gMg Ptoinft ta. What's in store for50hrbach's Five former Ohrbach's stores in New York and New Jersey will reopen Thursday as Steinbach, an apparel and cosmetics department store that says it will cater to middle-income people. Steinbach's lone New York City location will be at Queens Center in Rego Park. The other stores will be in Westbury, L.I., and in three New Jersey malls. Salvatore Arena In an unrelated transaction, Cushman Wakefield, the city's largest real estate broker, said it had signed up Control Data Corp.

to lease 117,000 square feet of developer Harry Macklowe's new Metropolitan Tower on W. 57th St, next door to Carnegie Hall. Control Data, a computer hardware and software company, will be using some of the space for two subsidiaries Ticketron and the Arbi- a sign of the city's healthy job outlook. Last year, Koch said, the city gained 51,000 jobs, 18,900 of which were in the finance, insurance and real estate (FIRE) industries. "That's no cause for al2i-m," Koch said.

"The outlook for future job growth in both the financial industry and Bear Stearns is bullish." Bear Stearns, now at 55 Water will occupy 500,000 square feet at 245 Park Ave. starting in early 1988. tron media rating service. The deal represents about half the available office space in the narrow, triangular building. Most of the building's 66 floors are for residential condominiums.

Rents for new office space in the area average $45 a square foot Cushman executive vice president William Leahy, who brokered the deal, refused to say how much Control Data would pay Macklowe. By NEIL BARSKY Daily News Staff Wnter Bear Stearns, the nation's 10th largest securities firm, will move its world headquarters from downtown to Park Ave. next year, joining E.F. Hutton, PaineWebber and Morgan Stanley and other financial companies in midtown Manhattan. In a City Hall press conference called to announce the move, Mayor Koch said it was INCOME TAX PREPARATION GUIDE GILMAN CIOCIA INCOME TAX SPECIALISTS INCOME TAX BY TAX MASTER BKLYN: (718) 647-8700 3450 Fulton (Cypress Hills) QUEENS: (718) 392-3742 4322 Queens (LLC.) MANHATTAN: (212) 799-471 0 435 Amsterdam N.Y.

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