Tribune Media Company has renewed a 101,568 SF office lease at SL Green’s 220 East 42nd Street (AKA Daily News Building). The parent company’s local TV station WPIX will occupy the space on the first, fourth, and tenth floors. WPIX has been in the building since it was founded by the Daily News in 1947, according to CO.
- Be Smart: Asking rent on the 16-year lease was $70 per SF. The 37-story building spans 1.2 million SF, and is located between Second and Third Avenues.
- Worth Noting: Other tenants include the Visiting Nurse Service of New York, Omnicom Group, and the United Nations Development Programme. SL Green is currently marketing the property for sale.