Tech firm in talks to take office portion of Aurora, Vornado’s Meatpacking District development

Yext would take 145K sf

TRD New York /
Dec.December 14, 2018 05:05 PM

61 Ninth Avenue

Yext, an online brand management company, is in talks to take over the entire office portion of Aurora Capital Associates and Vornado Realty Trust’s 61 Ninth Avenue — the space formerly eyed for Aetna’s global headquarters.

The tech company is looking to sublease 145,000 square feet from Aetna at the Meatpacking District building, Crain’s reported. Last year, Aetna had agreed to lease the office portion of the building, where the asking rents were $150 per square foot. Plans to move the insurance giant’s headquarters from Connecticut, however, were ultimately scrapped when CVS announced that it would acquire Aetna for $69 billion.

Aetna was slated to receive $34 million in city and state incentives for the relocation. In April 2016, Starbucks inked a lease to take the 20,000 square feet of retail space in the building. Yext currently has office space at 1 Madison Avenue. [Crain’s]Kathryn Brenzel


Related Articles

arrow_forward_ios
As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

Abercrombie and Fitch CEO Fran Horowitz and an aerial view of 600 Broadway, blocked by 606 Broadway (Credit: Getty Images, Google Maps)

The curious case of 600 Broadway

250th Issue

The Real Deal celebrates 250 issues

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

729 Seventh Avenue (Credit: Google Maps)

Lawyer argued façade was safe 3 months before fatal accident

Bill Ackman, LeBron James, and Arnold Schwarzenegger with 787 11th Avenue (Credit: Google Maps and Getty Images)

Celebrity property group caught in $11M construction dispute

arrow_forward_ios
Loading...