Real Estate Weekly
Image default
Deals & Dealmakers

Media giant Prometheus fills Worldwide Plaza

Prometheus Global Media, a prominent B2B media company whose properties include Adweek, the CLIO Awards and Mediabistro, has leased new headquarters space at Worldwide Plaza.

The company has taken the entire 29th floor comprising 33,180 s/f of space at Class A office building that occupies the entire westerly blockfront of Eighth Avenue, between 49th and 50th Streets.

Photo by snipe106/ Flickr
Photo by snipe106/ Flickr

Currently located at 770 Broadway, Prometheus expects to relocate to its new offices in August. The long-term lease brings Worldwide Plaza to 100 percent occupancy. “We are proud to welcome yet another iconic media company to our building,” said Peter S. Duncan, president and CEO of George Comfort & Sons, who heads the investment group, WWP Office, LLC. WWP Office, LLC is a partnership comprised of George Comfort & Sons, RCG Longview, DRA Advisors, and New York REIT, Inc.

Chris Mongeluzo and E.N. Cutler of Newmark Grubb Knight Frank represented the tenant in the 10-year lease, while Mr. Duncan and George Comfort & Sons’ executive vice president Matt Coudert represented the building ownership. Asking rent for the space was in the low $70s.

According to Duncan, other media firms at Worldwide Plaza include M. Shanken Communications, publisher of Cigar Aficionado and Wine Spectator and public television company WNET.

 

(Visited 1 times, 1 visits today)

Related posts

Robotics startup takes 54,000 s/f at 1900 Broadway

REW

SL Green signs Chelsea Piers Fitness as first tenant at One Madison

REW

11-building Manhattan portfolio trades for $190M

REW