In a transaction that highlights the continued attraction of Times Square for tech industry firms, the software company 10gen is already exercising its option to expand at the historic former New York Times headquarters building at 229 West 43rd Street.
It was once the home of the WOR AM radio station. Now Monday Properties’ 1440 Broadway is also home to LEED-EB: OM Gold certification.
87 percent of the leasing transactions in the Times Square submarket over the past 18 months have been tech deals. Now Yahoo! is about to join the fray.
The number 11 office address has been kind to recent commercial leasing activity in Midtown, with major renewal and retail deals finalized at 11 Penn Plaza and 11 Times Square, respectively.
The 40-story, 1.1 million-square-foot 11 Times Square – certified LEED for Core and Shell Gold – has leased 70 percent of its office space and all of its retail space after four recent deals totaling 75,000 square feet.
As rents rise in Midtown South and flexible office arrangements become harder to come by, an increasing number of technology companies are looking north: Felix/CityGrid Media is the latest to head back across 34th Street.
In a 220,000-square-foot deal, Microsoft has officially announced that it’s on the move from Sixth Avenue to the LEED Gold-certified 11 Times Square.
The software company 10gen is on the move from the historic, tech industry-heavy 568 Broadway to the former New York Times building at 229 West 43rd Street.
Over 125 energy-efficient LED lamps illuminate Starbucks’ new NYC flagship in Times Square in order to evoke the nostalgia of an old Broadway theater stage set.
The Port Authority Bus Terminal has activated New York City’s largest installation of mediamesh: an advanced LED imagery technology with a variety of potential applications.