Major League Baseball scores Midtown South sublease for digital team

MLB’s Advanced Media takes two floors of Twitter sublease space in Chelsea, now has 48K sf in building

TRD New York /
Oct.October 31, 2016 03:45 PM
MLB's Rob Manfred and 245 West 17th Street

MLB’s Rob Manfred and 245 West 17th Street

Major League Baseball is enjoying a must-watch World Series in Cleveland and Chicago. Here in New York City, MLB continues to make plays, too.

Fresh off finalizing its lease for a new 400,000-square-foot headquarters on Sixth Avenue, the league took two floors of sublease space from Twitter in Midtown South for its digital arm MLB Advanced Media, sources told The Real Deal.

The league signed a three-year deal to take 24,000 square feet on the eighth and ninth floors at 245 West 17th Street, where Twitter leased 140,000 square feet back in 2014.

Earlier this year, the micro-blogging platform put two floors of space on the sublease market that it had been warehousing for growth, looking to lease it out to tenants on a short-term basis. MLB swung in and took floors two and three in the spring as it prepared to relocate and consolidate its offices in the city. Asking rents weren’t available.

Sources said MLB Advanced Media employees who currently work out of Chelsea Market will make the move to the Twitter space.

Meanwhile, the front offices are relocating from 245 Park Avenue to the Rockefeller Group’s 1271 Sixth Avenue.


Related Articles

arrow_forward_ios
An aerial view One World Trade Center in Lower Manhattan (Credit: iStock)

On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown

Clockwise from top left: 733 Third Avenue, 24-01 44th Road in Long Island City, 83 Maiden Lane, and 1745 Broadway (Credit: Google Maps)

These were NYC’s top office leases in August

Clockwise from left to right: 50 Hudson Yards, Farley Post Office redevelopment, 1 Madison Avenue, and Apple CEO Tim Cook (Credit: Hudson Yards, Skanska, Google Maps, and Getty Images)

Apple on the hunt for enormous Manhattan office space

Clockwise from left: 55 Water Street, 195 Broadway, 220 East 42nd Street, 550 Washington Street (Credit: Wikipedia, L&L Holding, SL Green, Curbed)

These were NYC’s top office leases in July

Amazon CEO Jeff Bezos (Credit: Getty Images)

Here are Amazon’s current office and warehouse holdings in NYC — and where it could set up shop next

New heights for Everest as insurer inks North Jersey’s largest lease deal of 2019

French advertising giant Publicis doubles down on Hudson Square with 960K sq ft renewal-expansion

NYC developer looks to double down on WWE’s new Connecticut home

arrow_forward_ios