Lease Beat

1500 Broadway

Videology Signs 16,000-Square-Foot Lease At 1500 Broadway

The digital advertising provider Videology Inc. signed a  10-year, 16,000-square-foot lease at 1500 Broadway, also known as Times Square Plaza.

Jones Lang LaSalle‘s Jim Wenk and Rhett Miller represented the tenant. CBRE‘s Paul Amrich, Patrice Meagher and Daniel Bodner represented the landlord, Zapco 1500 Investment LP.

The company will relocate to the fourth floor from the 11th floor of the Class A, 501,429-square-foot building. Fellow tenants include Disney and ABC, Hewitt Associates and About.com. Read More

Lease Beat

6 East 32nd Street.

Operative Media Takes 30,720 SF at Himmel + Meringoff’s 6 East 32nd Street

Tech company Operative Media, which provides digital advertising business solutions, has signed for 30,720 square feet of space at Himmel + Meringoff Properties’ 6 East 32nd Street. The company signed an eight-year lease at the 173,600-square-foot building and will relocate from its current space at 40 West 25th Street.

Jones Lang LaSalle’s Jim Wenk and Ryan Masiello represented the tenant, while Mark Stein and Jason Vacker represented the landlord in-house. Read More

Lease Beat

100 fifth

Knewton Signs Lease on Fifth Avenue

The wave of tech tenant leasing deals in Midtown South continues.

Knewton Inc., a provider of sophisticated online-based learning and education programs for students and test takers, has signed a 16,000-square-foot lease at 100-104 Fifth Avenue, an office building owned by the Kaufman Organization. The term of the deal, which is for the 20-story building’s entire eighth floor, stretches ten years. Asking rents for the space were $55 per square foot. Read More