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Media General takes lease at Empire State Building
Virginia-based company to occupy 27K sf space on 62nd floor
Media General inked a 10-year lease for nearly 27,000 square feet at the Empire State Building.
The Virginia-based media company plans to occupy the full 62nd floor at the Empire State Realty Trust’s iconic 102-story building at 350 Fifth Avenue later this year, the New York Post reported. The 26,782-square-foot space is vacant and will soon undergo a renovation.
Douglas Elliman’s James Gross and Peter Gross represented the tenant, while the REIT’s Thomas Durels and Fred Posniak and a Newmark Grubb Knight Frank team led by William Cohen and Jonathan Tootell represented the landlord.
Asking rents at the property are in the $60s per square foot. [NYP, 3rd] — Mark Maurer