Publisher inks 32,000 s/f deal.

GVA Williams announced that Holtzbrinck Publishers has signed a 10-year deal for 32,000 s/f of contiguous space at 18 West 18th Street. The prominent world-renown publishing house will locate Farrar, Straus & Giroux on the seventh and eighth floors of the vintage site.

This lease is part of a series of transactions aggregating nearly 400,000 square feet negotiated by GVA Williams on behalf of a host of Holtzbrinck entities within the past few years.

Leon Manoff, executive managing director of GVA Williams, represented Holtzbrinck in the negotiations. Asking rents in the site are in the high $30's per square foot. "This is a wonderful location for Farrar, Straus & Giroux," said Manoff. "It's easily accessible to public transportation as well as within walking distance of the firm's corporate headquarters. Farrar, Straus will definitely enhance and augment the existing tenant mix."

Originally constructed in 1902, the 11-story Art Deco landmark measures approximately 165,000 s/f. Other tenants include the New York Post and Macrovision. Retail tenants include Books of Wonder and BLT Fish.

Cushman and Wakefield's Tara Stacom and Andrew Ackerman represented the landlord, 17-18 West Management Associates Company, LLC.