Thread regarding AT&T layoffs

Lease will expire

Bedminster lease is up sometime in 2022 or 2023. So will Middletown be the new collaboration zone for NJ???

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| 2555 views | | 8 replies (last February 9, 2019) | Reply
Post ID: @OP+XxzsWoZ

8 replies (most recent on top)

Book your flight to LA! They want everyone in Dallas or LA.

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Post ID: @yiz+XxzsWoZ

Is the current NJ Evolution or Collab Zone (whatever it is called) in Middletown or Bedminister right now?

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Post ID: @urq+XxzsWoZ

Piscataway's lease ends middle of this year - most people have already been moved to MT or Bedrock, there are a large amount of Xander folks waiting for space in Bedminster to be renovated before moving there

a year or 2 back the Bedminster lease was coming up an teh company started mobilizing folks to move to piscataway or MT, which resulted in getting better terms to extend the lease.

I think bedminster's fate is tied to the success of Xandr - which can't afford to have everyone in NYC/

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Post ID: @czq+XxzsWoZ

I can tell you first hand. A lease is nothing to a big company. They will close a place down down and pay the lease in full and won't even blink.

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Post ID: @sam+XxzsWoZ

It’s being moved to Bangalore! Hope you like curry! Thank you! Come Again!

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Post ID: @xag+XxzsWoZ

According to the Somerset County Assessor, Metropolitan Tower Life Insurance owns the property. T will vacate whenever they can even if the lease hasn't expired.

NOTICE OF PROPERTY ASSESSMENT FOR THIS NOTICE IS REQUIRED UNDER N.J.S.A. 54:4‐38.1

BLOCK: LOT: QUAL: PROPERTY LOCATION: PROPERTY CLASS:

LAND: BUILDING: TOTAL: NET PROPERTY TAXES BILLED FOR ASSESSMENT: WERE: $ THIS IS NOT A BILL. SEE REVERSE FOR APPEAL INFORMATION.

130,000,000

43

One At&t Way, Room 1b201

137,000,0002018

BEDMINSTER TWP

1

1,764,100.00

SOMERSET

4A900 Rt 202/206 1 At&t Way

2019

24,925,000

Metropolitan Tower Life Insurance

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Post ID: @tlt+XxzsWoZ

They have invested a lot of money in Bedminster, and the lease ending was a source or endless rumors/panic about 8-9 years ago. I would doubt they would move to Middletown only ,as Bedminster is more central and accessible. I would suspect, if anything, they close Piscataway and keep Middletown and Bedminster, but that’s just my own thoughts. I have also never been to the Middletown location, so have no idea of the layout/space/parking.

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Post ID: @oxm+XxzsWoZ

They will add a place in India. Please do the needful.

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Post ID: @opv+XxzsWoZ

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