News: Owners Developers & Managers

AT&T renews 6,623 s/f storefront space at Rudin’s 3 Times Square

Kevin Daly

Manhattan, NY Rudin has brokered a lease with AT&T for a five-year extension of its retail lease at 3 Times Square, Rudin’s 30-story, 925,000 s/f tower in Midtown.

AT&T, one of the world’s largest telecommunications companies, occupies a 6,623 s/f Times Square location that includes a ground-floor storefront on Seventh Ave. between 42nd and 43rd St. and lower-level space. The renewal follows Rudin’s lease with global jewelry brand, Pandora, which will open a store at street level later this year.

“Times Square remains one of the world’s most dynamic and heavily-trafficked retail corridors in the world, and AT&T’s renewed commitment at 3 Times Square reinforces its spot at the center of it all,” said Kevin Daly, vice president of commercial leasing at Rudin.

“Extending our lease at 3 Times Square reflects AT&T’s long-term commitment to New York City and to serving customers in one of the world’s most vibrant commercial districts,” said Keron Incarnato, AT&T vice president and general manager for the Northeast. “This location keeps us connected to the people, businesses and visitors who power the city, while giving customers a convenient place to explore the latest devices, services and connectivity solutions.”

Rudin was represented in-house by Daly and Craig Panzirer, Senior Vice President, Head of Office Leasing. AT&T was represented by Loren Baron of CBRE.

MORE FROM Owners Developers & Managers

The office move starts before the truck arrives - by Lior Rachmany

A commercial lease can be signed, the new office can be ready, and the moving crew can be booked — and the relocation can still stall at the loading dock. In New York City, the difference between a smooth office move and a long, expensive day often comes down to details that never appear on a furniture inventory: a reserved freight elevator, an approved insurance certificate, a usable loading area, and someone authorized to open the service entrance.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by  Ron Cohen

NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Don’t leave severance damages behind - by Sebastian Jablonski

Don’t leave severance damages behind - by Sebastian Jablonski

When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.