CBRE selected to lease 4 Times Square; firm will also review NBC Universal’s portfolio

TRD New York /
Jun.June 27, 2012 09:00 AM

CBRE Group landed assignments at one of the city’s most visible retail spaces and with one of its best-known office tenants. The New York Post reported that the brokerage’s retail team of Gary Trock and Amira Yunis was brought in to help the Durst Organization find a tenant for the 42,550-square-foot retail space at 4 Times Square. The landlord’s in-house leasing team nearly leased the space to Express, but the clothing retailer backed out of the deal to take what it considered a “more visible” location at SL Green and Jeff Sutton’s 1552 Broadway.Meanwhile, CBRE Tri-State CEO Mary Ann Tighe was retained by NBC Universal to study its 3 million square feet of New York metro-area office and studio space and determine whether it’s being used efficiently, Crain’s reported. While the entertainment group does not necessarily envision immediate changes — beyond the announced $190 million upgrade to its 1.2 million square feet of space at 30 Rockefeller Center — it hopes Tighe can help determine how to best use its holdings for its future needs. [Post] and [Crain’s]

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