Cable sports network game for 56,000 s/f deal.Cushman & Wakefield and Newmark announced that CSTV CSTV College Sports Television CSTV Copy Salary Table Version : College Sports Televison has leased 56,000 square feet at 85 Tenth Ave. to expand and relocate its New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. headquarters. CSTV is a multi-media company that consists of the first-ever 24-hour college sports television network, College Sports TV; the leading college sports online network, CollegeSports.com; and the first ever 24-hour college sports radio Sports radio (or sports talk radio) is a radio format devoted entirely to discussion and broadcasting of sporting events. A popular format with an almost exclusively male demographic in most areas, sports radio is characterized by an often-boisterous on-air style and network, SIRIUS College Sports Radio. Through its numerous platforms, CSTV provides more live college sports games, events, news, information, analysis and broadband content, and reaches more college sports fans, than any other company. CSTV signed a lease for the entire third floor at 85 Tenth Ave., which it plans to occupy by April of next year. The deal represents a plan to consolidate the company's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of offices from 515 W. 20th St. and Pier 62 at Chelsea Piers Chelsea Piers, officially Chelsea Piers Sports & Entertainment Complex, is a series of sports and entertainment buildings constructed on four adjoining piers on the West Side of Manhattan in New York City. . Its office space at the two locations totals approximately 30,000 s/f . CSTV will keep itsbroadcast studios at Chelsea Piers. Cushman & Wakefield brokerage professionals Jared Horowitz and Barry Zeller represented CSTV in lease negotiations with the building's landlord, a partnership of Irwin Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Angelo Gordon and Belvedere Capital. Newmark's David Falk, Peter Shimkin and Nick Berger represented the ownership. According to Horowitz, "There are few options in the market that enable a firm to occupy a single 56,000-square-foot floor. Bringing employees together like that in a great environment was a key goal of CSTV's, and I'm pleased we were able to help make it happen." Falk, executive vice president and principal of Newmark, said, "CSTV is an ideal tenant for 85 Tenth Avenue. "In the last four years, the immediate area has quickly become a hub for many prominent media companies. Presently, we are seeing very strong interest on the remaining available floors from companies in the media, fashion and technology industries." Added Zeller, "This transaction worked very well for all parties. The hands-on involvement of the ownership demonstrated its commitment to the building and aided the completion of the transaction." Built in 1931 by the National Biscuit Company, 85 Tenth Ave. occupies an entire block bounded by 10th and 11th Avenues and 15th and 16th Streets. In addition to CSTV, major tenants in the 11-story, 560,000 s/f structure, include Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. and Lehman Brothers. |
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