Tribeca Shortlist Reels in Deal on West 36th Street
By Lauren Elkies Schram August 16, 2016 5:30 pm
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Tribeca Shortlist, an on-demand subscription service featuring handpicked movies from popular actors, directors and insiders, is relocating to 255 West 36th Street between Seventh and Eighth Avenues, Commercial Observer has learned.
The nearly one-year-old company, which charges subscribers $4.99 per month and is a joint venture between Lionsgate and Tribeca Enterprises, will be in 6,250 square feet on part of the third floor in the 15-story, 125,000-square-foot structure, a source with knowledge of the deal told CO.
The deal is for under five years and the asking rent was $45 per square foot, the source said. Tribeca Shortlist is slated to move in next month.
Oleg Solovyev of RI Manhattan Realty represented the tenant in the deal and Benjamin Stavrach of Triangle Assets worked on behalf of the landlord in-house. Solovyev didn’t immediately respond to a request for comment. A spokeswoman for Tribeca Shortlist and Stavrach declined to comment.
With this deal, the building is nearly 100 percent occupied.
In March, Toshiba signed a lease for 1,800 square feet of office space on the fourth floor at the building, as CO previously reported. Earlier that month, Jay Z signed a five-year deal to shrink his office space to 1,500 square feet on the 10th floor.
