Lease Beat

Relativity Media Inks 315 Park Avenue South Lease

315 Park Avenue South.

Beverly Hills-based studio Relativity Media has signed a lease for its first New York location, Commercial Observer has learned. The studio signed a 10-year deal for the entire 16,874-square-foot second floor at Spear Street Capital’s 315 Park Avenue South and will pay rent starting in the mid-$60s per square foot.

Founded in 2004, Relativity Media is best known as a producer and distributor of films and television programs. Among other credits, the company has been involved as producer or distributor for The Social Network, The Fighter and Act of Valor. Read More

Lease Beat

Citi Habitats Moving on Up in Noho

665 Broadway

Citi Habitats is moving its Noho office from a storefront location to a fifth-floor space.

The residential real estate brokerage has signed a lease for 6,189 square feet on the fifth floor at 665 Broadway, at the corner of Bond Street, Crain’s reported. The upstairs office replaces a smaller storefront location at 37 Third Avenue, a spokesman for Citi Habitats told Commercial Observer. Read More

Lease Beat

Media Company Outbrain Takes 25,000 Square Feet at 39 West 13th Street

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Outbrain, a provider of strategic website enhancements, has signed a 25,000-square-foot lease in the Greenwich Village section of Manhattan, at 39 West 13th Street, effective through 2020, The Commercial Observer has learned.

The company will take the entire third floor in the building, though only 10,000 square feet in the property was originally available, brokers involved Read More