News: Brokerage

New York REIT leases 33,100 s/f to Prometheus Global Media, bringing Worldwide Plaza to 100% occupancy

New York REIT, Inc., a publicly traded real estate investment trust (REIT), today has completed a new 10-year lease with Prometheus Global Media, LLC totaling 33,100 s/f at Worldwide Plaza, bringing the occupancy rate for office space at Worldwide Plaza to 100%. "Over the past twelve months, we have seen tremendous demand from prospective tenants and are pleased to welcome Prometheus Global Media to an already outstanding roster of tenants at Worldwide Plaza," said Michael Happel, CEO and president of NYRT. "The 10-year lease was executed for the entire 29th floor, the last vacant office floor available for lease." Worldwide Plaza was built in 1989 and is comprised of a 49-story, class A office building containing 1.8 million s/f of office space, approximately 30,000 s/f of retail space, a five-stage off-Broadway theater, a fitness center and a parking garage providing 475 parking spaces.
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