42West, LLC, the largest independently-owned public relations firm in the entertainment industry, will relocate its New York headquarters from 220 West 42nd Street to 600 Third Avenue in a transaction arranged by Savills Studley.
Executive Managing Director Jeffrey Peck and Managing Director Gary Kerper represented 42West in the 12,505 s/f long-term transaction.
The landlord, L&L Holding Company, was represented in-house by Vice President and Director of Leasing Andrew Wiener.
According to Peck, “The Grand Central submarket has a high availability rate and many choices as to available space. With this transaction the building gets a quality tenant and 42West upgrades its location while being able to attract and retain employees in a dynamic new environment.”