Largest floor at Vornado’s Farley Building could go to Japanese ad firm

Dentsu Americas is considering taking the building’s fourth floor

TRD New York /
May.May 29, 2019 10:45 AM
Dentsu Americas CEO Nick Brien, the U.S. Postal Service building at 390 Ninth Avenue, and Vornado's Steve Roth

Dentsu Americas CEO Nick Brien, the U.S. Postal Service building at 390 Ninth Avenue, and Vornado’s Steve Roth (Credit: Wikipedia Commons and Getty Images)

A Japanese ad firm could take the largest floor in the Farley Building.

Dentsu Americas is eyeing the fourth floor of the U.S. Postal Service building at 390 Ninth Avenue, which spans almost 300,000 square feet, according to the New York Post. Vornado Realty Trust is developing the property, and Dentsu would move there from Rudin Management’s 32 Sixth Avenue around 2022, when its lease is up.

Tech companies including Apple and Facebook have toured the building as well, and Vornado has long hoped to bring Amazon to the top floor—although the online retailer is also talking to Brookfield Properties about taking space at One and/or Two Manhattan West.  The firm has also been targeting life-sciences businesses for the project.

The Farley overhaul should be finished sometime in 2020. [NYP] – Eddie Small


Related Articles

arrow_forward_ios
Vornado's Steve Roth and 220 Central Park South (Credit: Getty Images, iStock)

Free and clear: Vornado pays off debt at 220 CPS

Vornado chairman and CEO Steven Roth, and 608 Fifth Avenue (Credit: Getty Images)

“Negative surprises”: Vornado execs talk retail struggles on Q2 earnings call

Steven Roth, CEO of Vornado and 640 Fifth Avenue (Credit: Getty Images and Vornado Realty Trust)

Bank of China issues $500M to Vornado in refi of 640 Fifth Avenue

220 Central Park South (Credit: Getty Images)

Vornado’s 220 Central Park South closes $64M condo sale

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

320 West 31st Street and Normandy’s Travis Feehan (Credit: Google Maps, Normandy)

Building buy near Facebook-Apple battleground hints at big project

Vornado chairman Steven Roth (Credit: Getty Images)

Vornado slashes Forever 21’s rent, dimming 2020 outlook

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

arrow_forward_ios