Printer Friendly

AP expands commitment at 50 Rockefeller Plaza.

The Associated Press (AP), one of the world's premiere news organizations, has signed a lease to renew and expand the space it occupies in 50 Rockefeller Plaza, The Associated Press Building, which has been its home since the building opened in November 1938.

The AP has renewed its lease for nearly 130,000 square feet of space and taken additional space for a total of nearly 167,000 square feet.

It was on Jan. 24, 1938, that a story moved on the AP wire saying: "The future home of The Associated Press will be erected in Rockefeller Center, where general headquarters and the New York office of the world's largest cooperative news and picture gathering organization will be located in a building bearing its own name."

The AP moved to Rockefeller Center from 383 Madison Avenue where it had been located for some 20 years.

Stein noted also that, with conclusion of the AP lease and other significant lease renewals and expansions in recent weeks, Rockefeller Center has nearly halved the amount of space which was to fail due for renewal in 1994.

The lease transaction was negotiated on behalf of the landlord, Rockefeller Center Management Corporation, by Alan L. Stein; Emmett P. Noonan, vice president; and Robert F. Scally, assistant vice president. The tenant was represented by James M. Donna and Lawrence G. Blasko, director of administrative services of The Associated Press.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Associated Press renews lease on The Associated Press Building in New York, New York
Publication:Real Estate Weekly
Date:May 12, 1993
Words:233
Previous Article:German investor acquires 1776 Broadway.
Next Article:SL Green named manager for IDCNY buildings.
Topics:


Related Articles
Dean & Deluca now in Rock Center.
Law firm renews, expands for 98,000 sf at Rock Ctr.
Rockefeller Center meeting its challenge for new leasing.
Cohen Brothers lease 220,000 s.f.
AP signs 290,000-SF lease.
Max Capital pays $775m for buildings within 10 days: Park Ave Atrium brings $455m.
Max Capital pays $775m for buildings within 10 days: 450 West 33rd goes for $320m.
News group moves to 290,000 s/f space.
Rock Center a good fit for retailer.
Great real estate families.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters