Bloomberg increases footprint at SL Green’s 919 Third

Media company signs new 204K sf lease

New York /
Jul.July 21, 2016 08:33 AM

For a company known to squeeze as many employees as possible into every square foot, Bloomberg LP sure needs a lot of space. The media and data company leased an additional 204,442 square feet at SL Green Realty’s 919 Third Avenue, increasing its space in the building to 450,000 square feet.

CBRE’s Craig Reicher, Howard Fiddle, Chris Mansfield and Chris Corrinet represented Bloomberg. The lease runs through 2029.

The company first signed a 254,556-square-foot lease in the Midtown East building in April 2015. Asking rent in last year’s deal was $62 per square foot, according to CoStar. The Real Deal, partnering with commercial real estate research firm CompStak, estimated the value of the lease signed last year at $220 million.

The 1.3 million-square-foot building, located between 55th and 56th streets, is a few blocks from Bloomberg’s headquarters at 731 Lexington Avenue.

Other tenants in the 47-story tower include retailer Bloomingdales, law firm Debevoise & Plimpton and marketing firm Interpublic Group. – Konrad Putzier


Related Articles

arrow_forward_ios
The Daily News Building at 220 East 42nd Street and SL Green CEO Marc Holliday (Credit: Getty Images)
SL Green puts Daily News building up for sale
SL Green puts Daily News building up for sale
SL Green snags private-equity firm at One Vanderbilt
SL Green snags private-equity firm at One Vanderbilt
SL Green snags private-equity firm at One Vanderbilt
SL Green’s locks in big bank lease at Hudson Yards redevelopment site
SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
Brookfield's Bruce Flatt, 2 Manhattan West; SL Green's Marc Holliday, One Madison Avenue (Manhattan West, Getty, Brookfield, SL Green)
The 10 biggest Manhattan office leases of 2022
The 10 biggest Manhattan office leases of 2022
SL Green’s Brett Herschenfeld
Inside SL Green’s Times Square casino bid: podcast
Inside SL Green’s Times Square casino bid: podcast
SL Green's Marc Holliday, Frank Carone and Cushman & Wakefield's Brett White (SL Green, Getty, Cushman & Wakefield)
SL Green, Cushman suing tenants with Frank Carone ties
SL Green, Cushman suing tenants with Frank Carone ties
Boston Properties' Owen Thomas and SL Green's Marc Holliday (Boston Properties, SL Green, Getty)
Office developers widen their sights as sector’s uncertainty persists
Office developers widen their sights as sector’s uncertainty persists
One Vanderbilt SL Green’s Marc Holliday, Brookfield Properties’ Brian Kingston (Loopnet, Brookfield, SL Green, Getty)
Manhattan notches premium office deal record for 2022
Manhattan notches premium office deal record for 2022
arrow_forward_ios

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

Loading...