News Corp., 21st Century Fox Renew NYC Leases
By1211 Ave. of the Americas
New York—Ivanhoe Cambridge and its partner, Callahan Capital Properties, announced 21st Century Fox and News Corp. have both renewed leases at 1211 Ave. of the Americas in Midtown Manhattan. Totaling more than 1.2 million square feet, 21st Century Fox’s 777,000-square-foot transaction of its corporate headquarters will be extended an extra 649,000 square feet effective December 2020, while a 128,000-square-foot expansion into three upper floors of the building goes into effect January 2017. News Corp.’s 440,000-square-foot transaction will be effective in December 2020.
1211 Avenue of the Americas is a 44-story, 2 million-square-foot Class A office tower with direct access to the Rockefeller Center Concourse, as well as having the Grand Central Terminal, the Port Authority Bus Terminal and Penn Station within walking distance. The building is LEED Gold-certified and Energy Star-designated…