Complex Networks inks sublease with Yahoo at 229 West 43rd St.

Youth-oriented media company taking 80K sf

TRD New York /
Dec.December 14, 2017 04:00 PM

Complex Network’s Rich Antoniello and 229 West 43rd Street (Credit: LinkedIn and Columbia Property Trust)

Youth-focused media company Complex Networks signed an 80,000-square-foot sublease with Yahoo at the former New York Times building at 229 West 43rd Street.

Financial details of the deal weren’t clear, but since Yahoo’s parent company, Verizon, owns Complex Networks in a partnership with Hearst, it’s likely the subtenant got a favorable deal, according to Crain’s.

Complex will be relocating from 64,000 square feet it occupies at the Rockefeller Group’s 1271 Sixth Avenue.

Company CEO Rich Antoniello told Crain’s that the space was attractive because Yahoo had already installed video-production facilities.

“In the new space, we’re going to have four professional production studios,” Antoniello said. “It’s a big upgrade from our current space at a moment when we’re expanding and improving our video platform.”

Snapchat earlier this year inked a 26,000-square-foot expansion at the Times Square-area property owned by Columbia Property Trust, bringing its total footprint in the building to 121,000 square feet. [Crain’s]Rich Bockmann 


Related Articles

arrow_forward_ios
50 Rockefeller Plaza and Katten's Chris DiAngelo (Credit: Google and Katten)

Katten law firm moving to Rockefeller Center

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

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

arrow_forward_ios