After Facebook passes, CBS signs huge lease at NoMad building

Facebook was considering space at 28 East 28th Street but is now reportedly looking elsewhere

TRD New York /
Apr.April 17, 2019 03:30 PM
28 East 28th Street (Credit: Google Maps)

28 East 28th Street (Credit: Google Maps)

CBS renewed 164,000 square feet north of Madison Square Park.

The television network inked a 15-year deal for the space in the New York Life building at 28 East 28th Street, formerly known as 63 Madison Avenue, the New York Post reported.

Asking rent for the space is in the low $90s per square foot, according to the Post.

Facebook last year was eyeing space in the building, but decided to pass. The tech company was last reported to be considering SL Green Realty’s One Madison redevelopment.

Cushman & Wakefield’s Mark Boisi, Bryan Boisi and Richard Bernstein represented CBS in the negotiations.

The owner partnership of George Comfort & Sons, Jamestown Properties and Loeb Partners Real Estate was represented by an in-house team of Peter S. Duncan, Matt Coudert and Alex Bermingham. [NYP] – Rich Bockmann


Related Articles

arrow_forward_ios
Charles Rettig, Commissioner of the IRS (Getty)

Opportunity Zone rule change seeks to entice foreign investors

Opportunity Zone rule change seeks to entice foreign investors
The proposal to rezone Industry City in Brooklyn was unveiled five years ago, but collapsed under political pressure (Courtesy of Industry City)

Here’s how Industry City’s controversial rezoning unraveled

Here’s how Industry City’s controversial rezoning unraveled
731 Lexington Avenue and 410 East 61st Street (inset) with Vornado's Steve Roth (Googel Maps; VNO)

Home Depot eyes former Bed Bath & Beyond space on First Ave

Home Depot eyes former Bed Bath & Beyond space on First Ave
Ian Schrager and the Pulic Hotel at 215 Chrystie Street (Getty; Google)

$60M mezz loan on Ian Schrager’s Public Hotel is for sale

$60M mezz loan on Ian Schrager’s Public Hotel is for sale
J.C. Penney at the Westfield South Shore mall in Long Island and  J.C. Penney CEO Jill Soltau (Google Maps; Getty)

J.C. Penney to keep Bay Shore outpost open for now

J.C. Penney to keep Bay Shore outpost open for now
Signature Bank CEO Joseph DePaolo and New York Community Bank CEO Joseph Ficalora (Photos via Getty; Facebook; iStock)

NYC’s multifamily lenders see shares tumble in 2020

NYC’s multifamily lenders see shares tumble in 2020
The analysis predicts that office vacancies across the world will continue upward (iStock)

Report: Office market won’t return to glory until 2025

Report: Office market won’t return to glory until 2025
Korean wave pours into U.S. commercial real estate

Korean wave pours into U.S. commercial real estate

Korean wave pours into U.S. commercial real estate
arrow_forward_ios

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

Loading...