British tabloid to open Soho office

From left: Jamie Addeo of CresaPartners, 42 Green Street and David Zar of Zar Properties

The Daily Mail, a British tabloid newspaper, is opening its first office in New York City to house its online division. The publication has signed a four-year lease for 5,200 square feet at 42 Greene Street, between Grand and Broome streets, in Soho. Asking rent for the space was $45 per square foot for the fourth-floor space. The tabloid was originally looking for an office space in Midtown South, but ultimately felt that “the Soho vibe mirrored the image they want to portray,” Jamie Addeo of CresaPartners, who represented the Daily Mail, told Crain’s. The paper will move into the space sometime in March. Zar Properties — the landlord of the five-story building whose lobby was recently renovated — was represented in-house by Dario, Simon and David Zar. TRD