The Real Deal New York

Univision expands lease; 485 Madison is now full

December 13, 2012 11:00AM

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From left: Univision CEO Randy Falco and 485 Madison Avenue

The Spanish-language news company Univision has renewed its lease and expanded at 485 Madison Avenue, the New York Observer reported. That brings the Jack Resnick & Sons-owned property to 100 percent occupancy. The broadcaster now has 21,234 square feet of space across the entire third floor and on part of the second floor. The company expanded by 5,500 square feet. The landlord had in-house representation from Dennis Brady and Fran Delgorio; Avison Young’s Michael Gottlieb and Martin Cottingham represented Univision.

According to the Observer, the property, which measures 300,000 square feet, was the former CBS headquarters.

The building recently underwent some upgrades: It now has energy-efficient windows and inproved elevators.

Other tenants include law firm Klein Zelman Rothermel LLP and the public relations outfit Robert Marston and Associates Inc. [NYO] – Zachary Kussin

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