E-commerce company inks pricey deal at Vornado’s High Line office space

Next Jump takes big lease at Vornado’s High Line office project

TRD New York /
Dec.December 11, 2019 05:44 PM
Steve Roth and 512 West 22nd Street (Credit: Getty Images)

Steve Roth and 512 West 22nd Street (Credit: Getty Images)

Loyalty-rewards company Next Jump inked a pricey lease at Vornado Realty Trust’s boutique office development on the High Line.

The company completed a deal to take 41,300 square feet at 512 West 22nd Street, Crain’s reported. Next Jump is paying nearly $160 per square foot for the space across the 11-story building’s top three floors, according to Crain’s.

Vornado co-developed the 172,000-square-foot building in partnership with the Olayan Group and the Albanese Organization.

Earlier this year, WarnerMedia signed a lease for 20,000 square feet at the property. [Crain’s] – Rich Bockmann


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

Related Chairman Stephen Ross (Credit: Getty Images, Wikipedia)

Related drops 700-foot-long “wall” from Hudson Yards plan

Related Companies chairman Stephen Ross and Hudson Yards (Credit: Getty Images)

Next phase of Hudson Yards could include 700-foot-long wall

Clockwise from left: 1290 Sixth Avenue, 40 Wall Street, President Donald Trump, Trump National Doral in Miami and Trump International Hotel in Washington, DC (Credit: Getty Images, Vornado, Wikipedia)

Trump Org’s office holdings help offset hotel losses: analysis

From left: Jeff Bezos with 212 Fifth Avenue and Ken Griffin and Sting with 220 Central Park South (Credit: Getty Images, StreetEasy)

Records, records and more records: Resi deals set higher bar in 2019

220 Central Park South and Vornado chairman Steven Roth (Credit: Google Maps, Getty Images, iStock)

At 220 CPS, three deeds in one day fetch $150M

arrow_forward_ios
Loading...