Aged Publishing Company Relocates to One Liberty Plaza [Updated]
By Terence Cullen November 10, 2015 3:06 pm
reprints
Cambridge University Press, a nearly 500-year-old publishing company founded by King Henry VIII, is headed downtown to One Liberty Plaza between Church Street and Broadway.
The publishing company signed a 39,771-square-foot deal for part of the Downtown building’s 20th floor, CoStar data shows. Cambridge University Press is moving from 32 Avenue of the Americas between Walker and Lispenard Streets in Tribeca, according to The New York Post, which first reported news of the deal.
The lease is for 15 years. A spokeswoman for landlord Brookfield Property Partners declined to provide the asking rent. The publisher is set to move into the 54-story building next April.
David Falk, Peter Simkin, Nick Berger and Hal Stein of Newmark Grubb Knight Frank represented Brookfield. The brokers were not immediately available for comment, per an NGKF spokeswoman. John Picco and Peter VanDuyne of Cushman & Wakefield represented Cambridge University Press.
The publishing company, which produces materials for the University of Cambridge in England, is usurping another One Liberty Plaza tenant as the oldest in the building. The Brookfield spokeswoman noted that Saks Off Fifth’s parent company, the Hudson’s Bay Company, was established in the 1690s.
“We’ve got a lot of history going on at One Liberty Plaza,” the spokeswoman said.
Update: This story was edited to include the full list of brokers on the deal.
