Omnicom inks massive renewal at Gural’s 200 Varick

Omnicom has been in the building for 25 years

200 Varick Street and Jeff Gural
200 Varick Street and Jeff Gural

Advertising firm Omnicom Group renewed its 200,000-square-foot lease at GFP Real Estate’s 200 Varick Street for another 10 years.

Omnicom has been in the 410,000-square-foot Hudson Square building for more than 25 years, the Commercial Observer reported. Asking rents are reportedly in the $60s per square foot.

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The landlord, formerly known as Newmark Holdings, was represented in-house, while Feld Real Estate represented the tenant.

Omnicom shares the building with the cinema Film Forum, which occupies 10,500 square feet. [CO]Konrad Putzier