Sony is hunting for a slightly smaller home now that Joseph Chetrit has plunked down $1.1 billion to buy its headquarters at 550 Madison Avenue, the New York Post reported.
The Japan-based entertainment giant has hired CBRE’s Mary Ann Tighe and partner, Gregory Tosko, to lock down 550,000 square feet of space; its Madison Avenue headquarters is 850,000 square feet.
Tighe also represents 4 World Trade Center, which has enough room to house Sony. Other locations on the table: 1 World Trade Center, Brookfield Place at 225 Liberty Street, 1 Madison Avenue and 11 Madison Avenue, according to the Post.
The search is not restricted to any area, sources told the newspaper, and the company is looking “everywhere.” Tighe and Tosko declined comment through a company spokesman to the Post.
Sony is leasing back 550 Madison Avenue until 2015, giving it time to find and outfit a new home. [NYP] —Christopher Cameron