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620 Eighth Avenue

620 Eighth Avenue
New York, NY 10018
Office, Leasing/Rental

620 Eighth Avenue is a 1,259,189 square foot property built in 2003 in the Times Square neighborhood of Manhattan. The property has 57 total units.

  • Address 620 Eighth Avenue
  • neighborhood Times Square
  • borough Manhattan
  • owner entity ECONOMIC DEVELOPMENT
  • floors 52
  • Year Built 2003
  • total units 57
  • square feet 1,259,189
  • block and lot 1-01012-7501
  • Event Financing
  • Address 242 West 41st Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Price $ 635,000,000
notes
The lender issued a loan of $635 million for the Times Square property.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 31,058
  • Price per foot $ 10.00
  • Publication Date 11/03/2018
  • Event Date 11/02/2018
  • Party 1 New York Times Company
  • Party 1 Brokerage Newmark Knight Frank
  • Party 1 Broker Andrew Sachs, Bill Levitsky, Ben Shapiro
  • Party 2 Williams Lea Tag
  • Party 2 Brokerage CBRE
  • Party 2 Broker John Nugent, Ned Burns
notes
The business outsourcing company inked a 10-year lease for the Times Square building which had an asking rent of $78 per square foot.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 33,000
  • Publication Date 05/15/2018
  • Event Date 05/11/2018
  • Party 1 New York Times, Forest City Realty Trust
  • Party 2 Covington & Burlington
notes
The law firm expanded its lease at the New York Times building in Times Square.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 140,000
  • Publication Date 01/09/2018
  • Event Date 01/08/2018
  • Party 1 New York Times
  • Party 1 Brokerage Newmark Knight Frank
  • Party 1 Broker Andrew Sachs
  • Party 2 Liquidnet
  • Party 2 Brokerage JLL
  • Party 2 Broker Mitch Konsker
notes
The trading network inked a sublease with the newspaper giant.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 15,442
  • Price per foot $ 60.00
  • Publication Date 09/01/2010
  • Event Date 07/23/2010
  • Party 1 First Solar
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Stuart Romanoff, Amy Fox
  • Party 2 Kepos Capital
  • Party 2 Brokerage CBRE
  • Party 2 Broker Ben Friedland, Michael Movshovich
notes
The hedge fund signed an eight-year sublease for part of the 44th floor.
  • Event Financing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 751,500
  • Publication Date 10/01/2009
  • Event Date 08/22/2009
  • Party 1 WP Carey & Company
  • Party 1 Brokerage Cushman & Wakefield
notes
A $119.8 million financing was provided for the leasehold condominium units. An undisclosed offshore bank provided the loan. WP Carey & Company completed a sale-leaseback transaction for the units with the New York Times Company in March 2009. Commercial condos, 751,500 sf total.
  • Event Sales
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 750,000
  • Price $ 225,000,000
  • Price per foot $ 300.00
  • Publication Date 04/01/2009
  • Event Date 02/20/2009
  • Party 1 New York Times Company
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs, Michael Rotchford
  • Party 2 WP Carey & Co.
notes
WP Carey & Co. purchased the office space in a $225 million sale-leaseback transaction. The Times Company's lease extends for 15 years, with an option to repurchase the space for $250 million in the 10th year of the lease. The company will pay $24 million in rent the first year and more in subsequent years, and will use the proceeds from the sale to pay down debt.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 30,917
notes
The law firm signed an expansion lease.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 24,376
  • Publication Date 11/01/2008
  • Event Date 09/22/2008
  • Party 1 Forest City Ratner
  • Party 2 First Solar
notes
The solar technology manufacturer signed a lease for space on the 44th floor.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 7,492
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Forest City Ratner
  • Party 1 Brokerage CBRE
  • Party 2 Government of Flanders
  • Party 2 Brokerage NAI Global
  • Party 2 Broker Andrew Simon
notes
The representatives of Belgium's Flemish-speaking community signed a lease for space on the 44th floor.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 63,000
  • Price per foot $ 95.00
  • Publication Date 07/01/2008
  • Event Date 05/22/2008
  • Party 1 ClearBridge Advisors
  • Party 2 British Telecom
  • Party 2 Brokerage Staubach Company
  • Party 2 Broker Robert Ageloff
notes
The telecommunications company subleased space.
  • Event Retail Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 3,200
  • Publication Date 03/01/2008
  • Event Date 01/21/2008
  • Party 1 Forest City Ratner
  • Party 2 Andrew and Jonathan Schnipper
  • Party 2 Brokerage Dobbs Associates
  • Party 2 Broker Candice Dobbs
notes
The founders of the Hale and Hearty Soup chain inked a 20-year lease for the last available retail space at the New York Times Building. The brothers plan to open an updated version of a classic roadside eatery.
  • Event Retail Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,274
  • Publication Date 03/01/2008
  • Event Date 01/21/2008
  • Party 1 Forest City Ratner
  • Party 2 Montenapo by Bice
  • Party 2 Brokerage World of Concepts
  • Party 2 Broker Elizabeth Hazan
notes
The Italian restaurant signed a lease for street-level space.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 31,753
notes
The farm supplies wholesaler took space.
  • Event Financing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 1,500,000
  • Publication Date 12/01/2007
  • Event Date 10/22/2007
  • Party 1 Forest City Ratner
  • Party 2 HSH Nordbank AG
notes
The co-owner of the New York Times Building closed on its $640 million refinancing. Forest City Ratner owns floors 29 through 50, the 52nd floor and 21,000 square feet of ground-floor retail. The New York Times owns the second through 27th floors. 52-story office building.
  • Event Retail Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 3,200
  • Publication Date 11/01/2007
  • Event Date 09/22/2007
  • Party 1 Forest City Ratner
  • Party 1 Brokerage In-house
  • Party 2 Dean & DeLuca
  • Party 2 Brokerage Dobbs Associates
  • Party 2 Broker Candice Dobbs
notes
The gourmet grocery store chain signed a lease for one of five retail spaces in the building to open its seventh New York location. It plans to open a café with seating for 60 in mid-2008.
  • Event Retail Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 3,000
  • Publication Date 11/01/2007
  • Event Date 09/22/2007
  • Party 1 Forest City Ratner
  • Party 1 Brokerage In-house
  • Party 2 Inakaya
  • Party 2 Brokerage Okada & Company
  • Party 2 Broker Naomi Okada
notes
The Tokyo-based restaurant signed a lease to open its first American location. Three of the five available retail units at the property are now leased.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 31,753
notes
The firm, whose acronym stands for Judicial Arbitration and Mediation Services, inked a lease for the entire 34th floor.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 3,500
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 Forest City Ratner
  • Party 2 SJP Properties
notes
The developer took space on the 38th floor.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,300
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 Forest City Ratner
  • Party 2 Samoo Architecture
notes
The Korean architecture firm took space on the 38th floor.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 216,926
notes
The law firm inked a 15-year lease for floors 23 through 27 and floors 29 and 30. The space comprises 154,584 square feet owned by the New York Times and 62,342 square feet owned by Forest City Ratner. With the execution of this lease, the Times portion of the building is 100 percent occupied, and the Forest City Ratner portion is 85 percent occupied.
  • Event Retail Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,000
  • Publication Date 04/01/2007
  • Event Date 02/20/2007
  • Party 1 Forest City Ratner
  • Party 1 Brokerage In-house
  • Party 2 Muji
  • Party 2 Brokerage Okada & Company
  • Party 2 Broker Naomi Okada
notes
The Japanese clothing and housewares retailer inked the first retail lease in the under-construction tower.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 200,000
notes
The Baltimore-based investment firm, along with its subsidiaries Western Asset Management and ClearBridge Advisors, inked a deal for floors 45 through 50 and the right to create a rooftop garden.
  • Event Office Leasing
  • Building Name New York Times Building
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 160,000
notes
The firm signed a 20-year lease (with options for additional space) to occupy floors 39 through 43. It is expected to move in during spring 2007.
  • Event Office Leasing
  • Address 620 Eighth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 64,000
  • Publication Date 08/01/2006
  • Event Date 06/22/2006
  • Party 1 Forest City Ratner
  • Party 1 Brokerage CBRE
  • Party 2 Osler, Hoskin & Harcourt
  • Party 2 Brokerage Newmark Grubb Knight Frank
notes
The Toronto-based business law firm inked a 15-year lease for 64,000 square feet of space on floors 36 and 37. With this agreement, 324,000 square feet of space in the 52-story tower is now leased by lawyers.
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