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]

Related Articles

L&L MAG CEO MaryAnne Gilmartin, 44-02 Vernon Boulevard in Long Island City and Douglas Durst (Credit: Google Maps)

Durst deadlocked with owners of prime LIC site

William Shanahan (Photo by Studio Scrivo)

The Closing: Bill Shanahan

The architect claims the design, construction and marketing of the tower rips off the design of a tower he planned and modeled for his thesis

Lawsuit over WTC design is whittled down

Durst Organization chairman Douglas Durst in a coworking space

Durst Ready: Developer to launch flexible office space arm

The MTA says it has the funding to extend the Second Avenue Subway to East Harlem, and the real estate industry is thrilled. (Credit: Getty, iStock)

Developers see dollar signs in Second Avenue subway extension

733 Third Avenue and Durst Organization president Jordy Durst (Credit: Google Maps and Durst Organization)

Tax firm EisnerAmper relocating large East Side office

One Bryant Park (Credit: The Durst Organization)

Bank of America leads $1.6B refi for tower named after it at One Bryant Park

Who needs New York? Garden State multifamily portfolio trades for $146M

Who needs New York? Garden State multifamily portfolio trades for $146M