CBS renewed 164,000 square feet north of Madison Square Park.
The television network inked a 15-year deal for the space in the New York Life building at 28 East 28th Street, formerly known as 63 Madison Avenue, the New York Post reported.
Asking rent for the space is in the low $90s per square foot, according to the Post.
Facebook last year was eyeing space in the building, but decided to pass. The tech company was last reported to be considering SL Green Realty’s One Madison redevelopment.
Cushman & Wakefield’s Mark Boisi, Bryan Boisi and Richard Bernstein represented CBS in the negotiations.
The owner partnership of George Comfort & Sons, Jamestown Properties and Loeb Partners Real Estate was represented by an in-house team of Peter S. Duncan, Matt Coudert and Alex Bermingham. [NYP] – Rich Bockmann