CBS Signs for Space at Worldwide Plaza
By Tobias Salinger October 8, 2014 4:55 pmreprints
CBS TV will consolidate several current locations for the famous network’s East Coast distribution offices during the first quarter of 2015 through a 12-year, 32,598-square-foot lease for the entire 30th floor at 1 Worldwide Plaza in Midtown, Commercial Observer has learned.
The network joins a growing list of media tenants at the 1.8-million-square-foot building in the mixed-use complex owned by a partnership between George Comfort & Sons, RCG Longview, DRA Advisors and New York REIT, said Peter S. Duncan, the chief executive officer of George Comfort & Sons and the head of the investment group.
“We are delighted to welcome an iconic name in television to Worldwide Plaza,” Mr. Duncan said in a prepared statement.
Mr. Duncan and his George Comfort & Sons’ colleague Matt Coudert negotiated on behalf of the landlords, while Michael R. Laginestra, Scott L. Gottlieb, Andrew Sussman, Michael Wellen and Rocco Laginestra of CBRE represented CBS.
M. Shanken Communications, the publisher of Wine Spectator and Cigar Aficionado, signed for 38,418 square feet earlier this year at the building located on Eighth Avenue between West 49th and West 50th Streets, while the structure designed by David Childs of Skidmore, Owings & Merrill also serves as headquarters to New York City PBS affiliate WNET, George Comfort officials said.
Representatives for CBRE declined to comment.
George Comfort officials declined to state the rent terms for the deal, but asking rents at the building run $70 per square foot, industry sources said.