1211 Sixth Avenue | TRD Research
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1211 Sixth Avenue

1211 Sixth Avenue
New York, NY 10036
Office, Leasing/Rental

The News Corp Building was sold to Ivanhoé Cambridge, Callahan Capital Partners and Beacon Capital Partners in 2013. In 2015, the partners went into contract on the remaining 49 percent stake from Beacon. The total deal is valued at approximately $1.83 billion, according to Real Capital Analytics.

  • Address 1211 Sixth Avenue
  • neighborhood Times Square
  • borough Manhattan
  • owner entity 1211 6TH AVENUE SYNDI
  • floors 45
  • Year Built 1973
  • commercial units 102
  • total units 102
  • square feet 1,984,228
  • block and lot 1-01000-0029
  • BIN 1022678
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Unit Part-32 FL
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 18,119
notes
The law firm signed a lease for part of the 32nd floor.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 777,000
notes
The media company signed a replacement and extension lease.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 444,000
notes
The print and television conglomerate signed a lease.
  • Event Retail Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 9,000
notes
The media company signed a lease for the plaza-level space, which will likely be used for studios, the New York Post reported.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 121,019
  • Price per foot $ 65.00
  • Publication Date 05/01/2011
  • Event Date 03/22/2011
  • Party 1 Beacon Capital Partners
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Mitchell Arkin, Joshua Kuriloff, E. Anderson
  • Party 2 Axis Reinsurance Company
  • Party 2 Brokerage Weichert Realtors, George Comfort & Sons
  • Party 2 Broker Mario Chiarella, Mark Fowler, Dana Pike
notes
The division of Axis Capital, the large Bermuda-based reinsurance company, signed a lease on floors 24 through 26.
  • Event Retail Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 600
notes
The Downtown pastry shop signed a 10-year lease to expand into Midtown.
  • Event Sales
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 1,900,000
  • Price $ 1,500,000,000
  • Price per foot $ 789.47
notes
The 45-story office tower, which occupies the entire block between 47th and 48th streets, sold for approximately $1.5 billion, or $800 per square foot. Asking rents in the building, which is 53 percent leased to News Corp. and 13 percent leased to law firm Ropes & Gray, are rumored to be $60 to $90 per square foot. Jamestown, which acquired the property in 1999 for $600 million, will recognize a gain of nearly $1 billon on the deal.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 112,500
notes
Media company expands into three floors vacated by CIT Group. News will create a 5,000-square-foot street-level studio on 47th Street for its new business channel. The glass-walled space will be built in the former AT & T store and will also encompass the FedEx space when it is delivered at the end of 2006.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 250,000
  • Publication Date 12/01/2005
  • Event Date 10/22/2005
  • Party 1 Jamestown, ING Clarion Realty Services
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Mitch Arkin
  • Party 2 Ropes & Gray
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Barry Gosin, Mark Weiss
notes
Law firm signs 20-year lease, subleasing the space from JP Morgan Chase, which has five years remaining on a lease for more than 450,000 square feet. Ropes & Gray will vacate 80,000 square feet at 630 Fifth Avenue.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 40,000
  • Publication Date 05/01/2005
  • Event Date 03/22/2005
  • Party 1 Jamestown
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 News
  • Party 2 Brokerage CBRE
notes
Lease expansion; Australian media currently rents 794,000 sf
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 9,690
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Olympia Capital
  • Party 1 Brokerage Hunter Realty
  • Party 1 Broker Gregory Kraut, Richard Gottlieb, Leslie Fitting
  • Party 2 Krauter Group
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker T. Golinksy, Fred Smith
notes
Sublease, recently established company
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 40,000
notes
Branch office moves from 1345 Sixth Ave
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 29,000
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Jamestown
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 Wachovia
  • Party 2 Brokerage Grubb & Ellis
notes
Retail brokerage subsidiary moving from 12 East 49th St
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 100,000
  • Publication Date 01/01/2004
  • Event Date 11/22/2003
  • Party 1 Jamestown
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 News America
  • Party 2 Brokerage CBRE
notes
Parent co. of the New York Post now has 794,000 sf total in building

04/01/2018
For CBRE â€' which represented News Corp and Fox in those dual deals â€' and Cushman & Wakefield, which represented the owners of 1211 Sixth Avenue, the lease expansions (and extensions) were the first of many biggies in a year when mega transactions played an outsized role...

03/22/2017
The deals were both at 1211 Sixth Avenue, where 21st Century Fox America took 767,885 square feet and News Corp...

12/29/2016
Clockwise from left: Olayan Group's Hutham Olayan, RXR Realty's Scott Rechler, CalPERS' Marcie Frost, 550 Madison Avenue, 787 Seventh Avenue and 388-390 Greenwich Street Manhattan Clockwise from left: Olayan Group's Hutham Olayan, RXR Realty's Scott Rechler, CalPERS' Marcie Frost, 550 Madison Avenue, 787 Seventh Avenue and 388-390 Greenwich Street Manhattan...

10/03/2011
March, who leads the firm nationally, has brokered some of the firm's largest deals around the country and is active here as well. He and former Eastdil broker Wayne Maggin sold the General Motors Building to developer Harry Macklowe for a then-record $1.4 billion in 2003. More recently, March had roles in the sales of 1211 Sixth Avenue, 1301 Sixth Avenue and the Equity Office Portfolio...

03/31/2011
It's time to raise the rent -- at least according to landlord representative brokers, who were urging their owners to do so in the first It's time to raise the rent -- at least according to landlord representative brokers, who were urging their owners to do so in the first...