A new media firm has signed a full floor lease at William Macklowe Company’s 386 Park Avenue South.
NewsCred, a digital company that powers content marketing and news syndication, has signed a long-term lease for the entire 13,121 s/f prebuilt 6th floor. NewsCred expects to relocate from its current offices at 27 West 24th Street in the second quarter of 2014.
Elie Reiss of Skylight Leasing represented NewsCred while the building’s leasing agents, Paul Amrich, Neil King, Ross Zimbalist and David Young of
CBRE, represented the owners, a partnership of William Macklowe Company and Principal Real Estate Investors, LLC. Asking rents at 386 Park Avenue South are in the $55 to $72 range.