Bustle’s parent company takes another floor in Midtown South

BDG Media has now leased three full floors at 315 PAS

New York /
Oct.October 06, 2017 04:40 PM

Online publisher BDG Media is expanding its footprint at Columbia Property Trust’s 315 Park Avenue South.

BDG owns and operates Bustle, a women’s lifestyle and news website; Romper, a parenting blog; and Elite Daily, a millennial focused news platform, from the 10th and 11th floors of the building in Midtown South. The new lease expands the company’s headquarters from 34,100 square feet to 51,150 square feet, through the addition of the entire 12th floor to their lease, according to the Commercial Observer.

BDG moved into the the 20-story, 331,000-square-foot building just last year. Asking rent for the 12th floor space was $80s per square foot, a source told the Commercial Observer.

“BDG Media’s expansion serves as further validation of our efforts to reposition 315 Park Avenue South as the premier Midtown South office destination for New York’s most cutting-edge creative companies,” Adam Popper, a senior vice president at Columbia Property Trust, said in a prepared statement.

Columbia paid $353.9 million for the building in January 2015. [CO]Christopher Cameron 


Related Articles

arrow_forward_ios
Fiserv CEO Frank Bisignano (Getty, Wikimedia)
Fiserv planning to open Berkeley Heights office
Fiserv planning to open Berkeley Heights office
The office space at 99 Church Street  (Google Maps)
Berkeley College selling two downtown White Plains buildings
Berkeley College selling two downtown White Plains buildings
EverWest acquired a Maspeth warehouse from Wharton for $57M
EverWest acquired a Maspeth warehouse from Wharton for $57M
EverWest acquired a Maspeth warehouse from Wharton for $57M
Google CEO Sundar Pichai (Getty/Illustration by Kevin Rebong for The Real Deal)
Google says it won’t claim NYC tax breaks
Google says it won’t claim NYC tax breaks
Housing Court is back and order shall rule: Scheduled first appearances and capacity limits will accompany in-person hearings when they resume mid-October. (iStock)
Housing court is back — with boundaries
Housing court is back — with boundaries
Covid surge dims enthusiasm for ICSC Vegas conference
Covid surge dims enthusiasm for ICSC Vegas conference
Covid surge dims enthusiasm for ICSC Vegas conference
Bronx Section 8 housing, West Village dorm top mid-market sales
Bronx Section 8 housing, West Village dorm top mid-market sales
Bronx Section 8 housing, West Village dorm top mid-market sales
Gravity CEO Moshe Cohen and Related CEO Jeff Blau (Getty, Gravity)
Related partners with electric vehicle startup to bring charging stations to NYC
Related partners with electric vehicle startup to bring charging stations to NYC
arrow_forward_ios

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

Loading...