Tishman strong on non-Stuy Town deals

January 06, 2010 12:54PM

After months of controversy surrounding Stuyvesant Town and Peter Cooper Village, embattled group Tishman Speyer Properties is finally getting some good news. Over 1.05 million square feet of Tishman-owned space was leased in December, the Post’s Lois Weiss noted today, and on the heels of yesterday’s news that CB Richard Ellis had renewed its 125,000-square-foot lease at the firm’s MetLife Building, more lease signings are making news. Simon & Schuster has reportedly signed a deal to extend its lease for five more years at Tishman’s 1230 Sixth Avenue, while Michael Kors has extended his lease for 15 more years at 11 West 42nd Street. Although Robert Speyer, president of Tishman, wouldn’t comment on the tenants for Weiss’ report, he did say that he believes “rents are back to 2005 [levels].”

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