Lease Beat

1440broadwayext-med

Macy’s Expands, Renews For A Total 197,000 Square Feet At 1440 Broadway

Monday Properties announced the 31,700-square-feet expansion of Macy’s, Inc. at 1440 Broadway, the building Monday Properties owns and operates on the southern fringe of Times Square at 40th Street.

It was the storied 150-year old retailer’s third expansion in two years at the 25-floor office building, and gave it full occupancy of the 10th floor, which Advance Magazine Publishers had  subleased to Skadden Arps since 2006. CBRE Vice Chairmen Scott Gottlieb and Michael Laginestra represented the tenant, while Monday Properties Director Jordan Berger represented the owner. Read More

Lease Beat

1440 Broadway. (Courtesy Property Shark)

USA Today Owner Inks 23K Deal

Gannett Co. is leasing a 23,000 square foot space at 1440 Broadway. The media holding company, which owns USA Today as well as several other daily newspapers and television stations across the country, will be using the space for a new online division a source said. Read More

Triple Threat

When’s the leasing market going to return, or has it returned already?

Mr. Siegel: The leasing market has shown strong indications in Midtown of returning to good health. It appears that people have determined that the rents have bottomed out and they want to take advantage of the bargains that are out there. June, Read More