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Deals & Dealmakers

Marketing firm takes 31,000 s/f at NYT Building

Newmark Knight Frank (NKF) negotiated a new lease for 31,058 s/f at 620 Eighth Avenue on behalf of the building’s owner, The New York Times Company.

The NKF team included Executive Managing Director Andrew Sachs and Senior Managing Directors Bill Levitsky and Ben Shapiro.

The tenant Williams Lea Tag was represented by CBRE Vice Chairman John Nugent and Senior Vice President Ned Burns.

Built in 2007, 620 Eighth Avenue is the headquarters for The New York Times and was designed by the Renzo Piano Building Workshop and FXFOWLE Architects, with Gensler providing interior design.

The tower features floor-to-ceiling glass, a unique lighting design and a flexible underfloor HVAC system, as well as environmentally sustainable design features for increased energy efficiency.

“The New York Times building is a landmark location with central proximity to superior transportation,” said Sachs. “The space offers new construction with amenities that few buildings in the city can offer. This transaction with Williams Lea Tag brings the tower a step closer to being fully leased.”

Operating since 1820, Williams Lea Tag is a provider of marketing and communications services for clients including PWC, BP, IKEA and Zurich Insurance.

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