Bloomberg looks to expand on East Side

Bloomberg LP is seeking an additional 300,000 square feet near its
headquarters at 731 Lexington Avenue and East 59th Street, which would
expand its current space by one third, sources told Crain’s. The company
already rents nearly 900,000 square feet at 731 Lexington Avenue, but there is
no more room available at the 1.3 million-square-foot property, which
is owned by Vornado Realty Trust. Over the last year, the company has added close to 500 lawyers. It was unclear where Bloomberg was looking but sources said there is a large block of space available at 601 Lexington Avenue, a Class A building owned by Boston Properties. There is also a Vornado-owned space for rent at 909 Third Avenue. Bloomberg’s broker, Howard Fiddle of CB Richard Ellis, did not return calls for comment. [Crain’s]

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