The Feil Organization, a premier national real estate investment firm, announced today that it has signed a five-year, 7,896-square-foot lease with First Look Media across the entire 10th floor at 853 Broadway.
First Look Media’s new 10th-floor space is a new pre-built featuring offices with glass tags, polished concrete floors and an open ceiling. The Feil Organization pre-built the space on spec with a premier level of finishes and invested in brand new VRF A/C units to accommodate the tenant. The deal with First Look Media represents the Feil Organization’s second full-floor pre-built that’s been recently leased, and a third recently completed pre-built has already piqued a potential tenants’ interest.
“It was a pleasure working with First Look Media to build out this visually stunning and tailored space,” said Andrew Wiener, Head of Commercial Office Leasing at the Feil Organization. “Our continuous leasing momentum is a testament to the significant time and resources we invest to fully prepare customized spaces that fit our tenant’s goals for success, which is a philosophy we take great pride in.”
First Look Media is a national nonprofit media organization that houses a production studio and streaming service. It also funds various independent media, nonprofit entities and initiatives, including the acclaimed The Intercept, Field of Vision, Lawyers for Reporters, and the Press Freedom Initiative at the University of Maryland.
853 Broadway is a 21-story office tower situated at the foot of Union Square. Boasting 157,000 square feet, the building is ideally located within a critical business, retail and entertainment juncture in the city. In addition, 853 Broadway is currently undertaking an extensive, multi-million dollar renovation program, which will reveal a dramatic new lobby, new floor-to-ceiling glass facade, elevator modernization and contemporary bathrooms.
Feil was represented in house by Andrew Wiener and Rob Fisher, and First Look Media was represented by Gary Stein, Ken Ruderman and Michael Bertini of Savills in the transaction.
