The Real Deal New York

Shuttered ESPN Zone space up for grabs

April 14, 2011 02:20PM

The former ESPN Zone retail space at the Durst Organization’s 4 Times Square — the Conde Nast building, at least for a few more years — is back on the market for the first time since 1998. According to the Observer, the Dursts have already begun showing the 45,000-square-foot space, at 42nd Street and Broadway, to prospective tenants, though they plan to formally launch it at the ICSC retail trade show in Las Vegas next month. Since ESPN Zone shuttered last spring, Disney has been using the space, which contains three full floors and 185 feet of street frontage. John Grotto, the in-house broker representing the space, said the developer is ideally looking for a single tenant, though divisions are possible. The asking rent for retail in the Times Square area is around $1,000 per square foot. [NYO]

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