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	<title>The Commercial Observer &#187; Advertising Firm SpotCo Signs Lease at 114 West 41st Street</title>
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		<title>The Commercial Observer &#187; Advertising Firm SpotCo Signs Lease at 114 West 41st Street</title>
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		<title>Advertising Firm SpotCo Signs Lease at 114 West 41st Street</title>

		<comments>http://commercialobserver.com/2012/11/advertising-firm-spotco-signs-lease-at-114-west-41st-street/#comments</comments>
		<pubDate>Thu, 15 Nov 2012 08:30:45 -0400</pubDate>
					<link>http://commercialobserver.com/2012/11/advertising-firm-spotco-signs-lease-at-114-west-41st-street/</link>
			<dc:creator>Al Barbarino</dc:creator>
				
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		<description><![CDATA[<p><strong>SpotCo</strong> has signed a lease at <strong>114 West 41<sup>st</sup> Street, </strong>located between Broadway and 6<sup>th</sup> Avenue in the Garment District.</p>
<p>The entertainment and arts advertising firm, which is relocating from <strong>512 7<sup>th</sup> Avenue</strong>, is taking 23,402 square feet in the 22-Story, 304,000-square-foot building, on floors 18 and part of 17.</p>
<p>“We are thrilled to have a space that will allow us to service the entertainment community in the most contemporary way possible,” said <strong>Drew Hodges</strong>, SpotCo’s CEO, in a prepared statement.</p>
<p><!--more--></p>
<p><div id="attachment_242761" class="wp-caption alignleft" style="width: 110px"><a href="http://nyocommercialobserver.files.wordpress.com/2012/11/1-00993-0022-rj7rzmpf.jpeg"><img class="size-full wp-image-242761" title="1-00993-0022.rJ7RzMPf" alt="" src="http://nyocommercialobserver.files.wordpress.com/2012/11/1-00993-0022-rj7rzmpf.jpeg" height="150" width="100" /></a><p class="wp-caption-text">114 West 44th Street</p></div></p>
<p>The property recently underwent a $7 million capital improvement program featuring a new retail façade and lobby; and more than 100,000 square feet of space has been leased since the renovation was finalized.</p>
<p>“This is a testament to the transformation of 114 West 41<sup>st</sup> Street’s lobby renovation being amongst the finest in the neighborhood,” said <strong>David Green</strong>, a <strong>Cushman &amp; Wakefield</strong> executive director, in a prepared statement.  “The office building is conveniently located between two of Manhattan’s major transportation hubs in Penn Station and Grand Central Terminal.”</p>
<p>Carri Lyon and Mark Mandell from Cushman &amp; Wakefield represented SpotCo; while Green, <strong>Tara Stacom</strong>, <strong>Peter</strong> <strong>Alden</strong> and <strong>Ashlea Aaron </strong>represented the landlord as exclusive leasing agents for the office building.</p>
<p>The brokers did not immediately return calls seeking comment.</p>
<p>Attorney <strong>J. Goodwin Bland</strong> of <strong>Bingham McCutchen LLP</strong> represented SpotCo; and <strong>Mitchell Baron</strong> of <strong>Goulston &amp; Storrs</strong> represented the landlord.</p>
<p>&nbsp;</p>
]]></description>
		<content:encoded><![CDATA[<p><strong>SpotCo</strong> has signed a lease at <strong>114 West 41<sup>st</sup> Street, </strong>located between Broadway and 6<sup>th</sup> Avenue in the Garment District.</p>
<p>The entertainment and arts advertising firm, which is relocating from <strong>512 7<sup>th</sup> Avenue</strong>, is taking 23,402 square feet in the 22-Story, 304,000-square-foot building, on floors 18 and part of 17.</p>
<p>“We are thrilled to have a space that will allow us to service the entertainment community in the most contemporary way possible,” said <strong>Drew Hodges</strong>, SpotCo’s CEO, in a prepared statement.</p>
<p><!--more--></p>
<p><div id="attachment_242761" class="wp-caption alignleft" style="width: 110px"><a href="http://nyocommercialobserver.files.wordpress.com/2012/11/1-00993-0022-rj7rzmpf.jpeg"><img class="size-full wp-image-242761" title="1-00993-0022.rJ7RzMPf" alt="" src="http://nyocommercialobserver.files.wordpress.com/2012/11/1-00993-0022-rj7rzmpf.jpeg" height="150" width="100" /></a><p class="wp-caption-text">114 West 44th Street</p></div></p>
<p>The property recently underwent a $7 million capital improvement program featuring a new retail façade and lobby; and more than 100,000 square feet of space has been leased since the renovation was finalized.</p>
<p>“This is a testament to the transformation of 114 West 41<sup>st</sup> Street’s lobby renovation being amongst the finest in the neighborhood,” said <strong>David Green</strong>, a <strong>Cushman &amp; Wakefield</strong> executive director, in a prepared statement.  “The office building is conveniently located between two of Manhattan’s major transportation hubs in Penn Station and Grand Central Terminal.”</p>
<p>Carri Lyon and Mark Mandell from Cushman &amp; Wakefield represented SpotCo; while Green, <strong>Tara Stacom</strong>, <strong>Peter</strong> <strong>Alden</strong> and <strong>Ashlea Aaron </strong>represented the landlord as exclusive leasing agents for the office building.</p>
<p>The brokers did not immediately return calls seeking comment.</p>
<p>Attorney <strong>J. Goodwin Bland</strong> of <strong>Bingham McCutchen LLP</strong> represented SpotCo; and <strong>Mitchell Baron</strong> of <strong>Goulston &amp; Storrs</strong> represented the landlord.</p>
<p>&nbsp;</p>
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