Yankees and Cowboys’ Sports Entertainment Company Moving Downtown
By Liam La Guerre April 27, 2016 12:58 pm
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Sports entertainment company Legends has signed a 10-year, 12,400-square-foot lease at RXR Realty’s 61 Broadway, the landlord announced Tuesday.
The firm, which was founded in 2008 by the New York Yankees, Dallas Cowboys and Checketts Partners Investor Fund, will occupy half of the 24th floor of the 33-story tower between Exchange Alley and Rector Street.
Legends expects to move from 805 Third Avenue between East 49th and East 50th Streets into its new digs in September. The asking rent in the deal ranged from the $50s to low-$60s per square foot, according to a spokesman for RXR.
A Savills Studley team of David Kimball, Erik Schmall and Daniel Thompson negotiated the deal for Legends, but Messrs. Kimball, Schmall and Thompson declined to comment through a spokeswoman.
Legends provides consulting, ticket sales, concessions and catering services for team owners and facility operators of U.S. sports venues It also handles hospitality services, tickets sales and merchandising for One World Observatory. Legends signed a 4,759-square-foot lease for offices on the 45th floor of 1 World Trade Center two years ago to specifically tend to the observatory, as Commercial Observer previously reported.
Daniel Birney, who handled the 61 Broadway transaction for RXR in-house, declined to respond to an inquiry seeking comment via a spokesman.
The 786,975-square-foot building is also home to offices for architecture firm Bjarke Ingels Group, law firm Sichenzia Ross Friedman Ference and social services nonprofit organization World Lung Foundation.
