Country Bank has signed a new 10-year retail lease for 2,100 square feet at the The Durst Organization‘s 655 Third Avenue, Commercial Observer has learned.
The tenant will relocate from its current retail branch at 902 Second Avenue. The bank has occupied its nearly 15,000-square-foot corporate office space and New York headquarters upstairs at 655 for 15 years Read More
In one of the largest real estate deals in recent memory, Comcast will purchase from General Electric the properties used by NBCUniversal at iconic 30 Rockefeller Plaza and CNBC Headquarters as part of its acquisition of GE’s remaining 49 percent equity stake in the media company, it was announced earlier this week.
Though the building is owned by Tishman Speyer, the office and studio space at 30 Rock involved in the deal is owned by GE and is considered a commercial condo. GE will keep space in the building on the 52nd and 53rd floors.
The real estate component of the deal accounts for approximately $1.4 billion of the $16.7 billion transaction and trumps the $1.1 billion sale of the Sony Building to the Chetrit Group last month.
Big Real Estate
Hulu.com has expanded its space at 276 Fifth Avenue, adding 4,710 square feet on the fifth floor, the Commercial Observer has learned.
In their first move since being acquired by Kableto–er–Comcast, NBC Universal just inked a 10-year deal for over 1.4 million square feet of office condos at Rockefeller Center, with over 700,000 square feet of it at 30 Rock alone, the Post reports.
In addition to the massive lease at 30 Rock, NBCU has Read More