The Real Deal New York

Posts Tagged ‘elmo’

  • Muppets move to Long Island City

    June 17, 2009 09:04AM
    alternate text
    The Muppets Creature Shop is moving to 37-18 Northern Boulevard

    Muppet makers at Jim Henson Co. are moving from their Soho office at
    627 Broadway to a 12,000-square-foot space in Long Island City, at
    37-18 Northern Boulevard. According to the broker, Jim DeLuca of Cushman
    & Wakefield, incentives were key for the Creature Shop — which
    designs and constructs all the Muppets like Kermit the Frog and Elmo –
    and they were able to cut $6 a foot off the low-$20s a foot rent. In
    the Soho space, the company’s renewal was proposed at $50 a square foot
    last summer, but fell to $35 per square foot by the last offer. DeLuca
    said the incentives, plus a freight elevator and a two-block stroll to
    Kaufman Astoria Studios where Sesame Street is filmed, helped to seal
    the seven-year Long Island City deal. [more]

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