Facebook on office space prowl

New York /
Jun.June 01, 2012 03:30 PM

Facebook is seeking a New York City office for its engineers and has its eyes on the old New York Times building, according to Crain’s. Though the location of the building, at 229 West 43rd Street in Times Square, would not typically attract the attention of the tech world, Blackstone Group has added the kind of perks and amenities that Silicon Valley ethos demand.

The private equity firm added a basketball court and a terrace with astro turf to the 12 floors it bought from Africa Israel for $160 million last year. The asking rent in the building is said to be between $70 and $80 per square-foot.

Crain’s said Facebook has also checked out 620 Sixth Avenue and Edward J. Minskoff Equities’ 51 Astor Place, which is under construction. Facebook already leases 40,000 square feet at 535 Madison Avenue, and can expand there or terminate that lease early. The firm is reportedly seeking between 50,000 and 100,000 square feet. [Crain’s]


Related Articles

arrow_forward_ios
Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images and Wikipedia)
Facebook close to finalizing Hudson Yards office deal: report
Facebook close to finalizing Hudson Yards office deal: report
Photo Illustration of Blackstone's Jonathan Gray (Getty; iStock/Illustration by Kevin Rebong for The Real Deal)
How Blackstone’s Jon Gray undercut his UK counterpart
How Blackstone’s Jon Gray undercut his UK counterpart
Photo Illustration of BioMed Realty CEO Tim Schoen and Alexandria Real Estate Equities CEO Joel S Marcus. (Getty, BioMed)
Life sciences boom continues with 36M sf in works
Life sciences boom continues with 36M sf in works
From left: Flex’s Shragie Lichtenstein; Piñata’s Lily Liu; NestEgg’s Eachan Fletcher; and Till’s David Sullivan
These startups want to guarantee your rent
These startups want to guarantee your rent
Vornado Realty Trust's deal with Facebook leads the list. (Getty, Wikimedia Commons)
NYC’s 10 most valuable office leases of 2020
NYC’s 10 most valuable office leases of 2020
Blackstone president Jon Gray (Photo via YouTube)
Blackstone’s quarantine-themed holiday video stars sanitizer, sourdough starter and Santa
Blackstone’s quarantine-themed holiday video stars sanitizer, sourdough starter and Santa
Blackstone’s Nadeem Meghji (Blackstone, iStock)
Blackstone to acquire life-sciences portfolio for $3.45B
Blackstone to acquire life-sciences portfolio for $3.45B
Clockwise from left: Blackstone Group's Jonathan Gray, KKR's Henry Kravis and Cerberus Capital Management's Stephen Feinberg (Photos via Getty; iStock; Cerberus)
Logistics market is hot, but is a bubble forming?
Logistics market is hot, but is a bubble forming?
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...