Ad agency finds right product at 32 Ave. of Americas.

Global advertising agency Bartle Bogle Hegarty has leased over 43,000 square feet of office space comprising the entire 19th floor at 32 Avenue of the Americas for its New York headquarters. The high-tech Tribeca office tower, which is owned by the Rudin family, has become a major communications and media hub. Bartle Bogie Hegarty, which is presently located at 7 West 22nd Street in 30,000 feet with 140 employees, expects to relocate to its new offices in the first quarter of 2006 and grow to 250 employees. The agency also has offices in London, Singapore, Tokyo and Sao Paulo. "We're delighted that this renown international advertising agency has chosen 32 Avenue of the Americas for its new home continuing the Lower Manhattans resurgence," stated William C. Rudin, President of Rudin Management Company, the operating arm of the Rudin family holdings. Other global communication and media firms housed in the building include RAI Corporation, the American subsidiary of Italy's public broadcasting system, TMobile, TSystems, Quest and MCI.

Ken Salzman and Michael Ippolito of Newmark & Company Real Estate represented the tenant in the 16 year leasing transaction while Robert Steinman of Rudin Management Company represented the owner.