Kaplan, the Florida-based test-prep giant, inked a deal to sublease office space at SL Green Realty’s Midtown East tower at 750 Third Avenue.
Condé Nast has a lease for 80,000 on the full seventh and eighth floors at the 34-story building for the next seven years, though the publishing giant is relocating to 1 World Trade Center, Crain’s reported.
Kaplan plans to move in June from its current office at 395 Hudson Street. The company is subleasing its 147,000-square-foot space there to WebMD, which was in late-stage talks for the office in December, as The Real Deal reported.
JLL’s Scott Panzer represented Kaplan in the deal. Asking rent at the space is $40 per square foot. [Crain’s] — Mark Maurer