Meredith offloads 95K sf in sublease deal at 805 Third Avenue

Magazine publisher merged with Time Inc., moved to Brookfield Place

TRD New York /
May.May 09, 2018 09:00 AM

805 Third Avenue and Meredith’s Steve Lacy (Credit: Google Maps)

After its merger with Time Inc. earlier this year and move to Brookfield Place, Meredith is offloading its former Midtown East office space.

The company, which owns Better Homes and Gardens, Sports Illustrated and People magazines, has found a new tenant, Kroll Bond Ratings Agency, to sublease 95,000 square feet at its former digs, floors 26 to 29 at Charles Cohen’s 805 Third Avenue, according to the New York Post.

Meredith is still looking to shed another 94,000 square feet of space on floors 22 to 25, with an asking rent of $65 a square foot.

Kroll had reportedly been looking to expand from its original offices at 845 Third Avenue, where it was spread across 37,000 square feet on two unconnected floors. It has put that space on the sublease market, according to the Post. [NYP] David Jeans 


Related Articles

arrow_forward_ios
Amazon leases nearly 154 million square feet of warehouse space compared to the 4 million square feet it owns (Credit: iStock)

How Amazon became the leasing king of e-commerce

From left: 50 Hudson Yards, 341 Ninth Avenue, 30 Hudson Yards (background) with Google's Sundar Pichai, Amazon's Jeff Bezos and Facebook's Mark Zuckerberg (Credit: Google Maps and Getty Images)

Big tech puts Manhattan office leasing within reach of annual record

Renderings of The William Vale and Denizen Bushwick with a Tel Aviv Stock Exchange ticker

All Year eyes sale of William Vale to pay off bonds

Amazon CEO Jeff Bezos (Credit: Getty Images)

Mapping Amazon’s current office and warehouse footprint in NYC

Breather CEO Bryan Murphy (Credit: LinkedIn and iStock)

Breather bloodbath: Flex-office startup fires 17% of staff

Today’s Northern NJ office sales volume is double 2018’s

Today’s Northern NJ office sales volume is double 2018’s

Clockwise from left: 1 New York Plaza, Hudson Yards, 341 Ninth Avenue and 55 Water Street (Credit: Google Maps, Wikipedia Commons, Getty Images)

These were NYC’s top office leases in November

Stephen Levin, REBNY's Jim Whelan and Brad Lander (Credit: Getty Images)

The bill that won’t die: Will commercial rent control finally pass?

arrow_forward_ios
Loading...