Fox, News Corp. to expand at 1211 Sixth Murdoch-owned companies nixe上海千花网龙凤论坛

d a move to 2 WTC last year

From left: Rupert Murdoch and 1211 Sixth Avenue

Almost a year after abandoning plans 爱上海同城手机版

to move to 2 World Trade Center, 21st Century Fox and News Corp. have officially decided to stay at Their Sixth Avenue headquarters.

The two Rupert Murdoch companies signed new and expansion leases for a total上海同城对对碰交友社区

of 1.2 million square feet at 121新上海贵族宝贝论坛

1 Sixth Avenue, the New York Post reported. Fox extended its lease — which was set to expire in 2020 — by five years and will expand its space by more than 128,000 square feet across three floors, bringing its total space t上海夜网

o 784,000. News Corp. also extended its lease to 2025 for its 440,000 square feet space.

CBRE’s Mary Ann Tighe, Tim Dempsey, Ariel Ball, Ken Rapp and Christopher Mansfield represented Fox and News Corp. Cushman Wakefield’s Josh Kuriloff, Mitch Arkin and Ethan Silverstein represented the owners. Ivanhoe Cambridge and its investment partner, Callahan Capital, bought the remaining 49 percent stake in the office tower in June for $913 million.

In January 2016, Murdoch announced that the companies would not move their headquarters to Silverstein Properties’ planned 2 World Trade Center.  In June 2015, the companies had signed a non-binding letter of intent to take 1.3 million square feet in the planned 2.8 million-square-foot building.

Silverstein had changed the building s architect from Norman Foster to Bjarke Ingels for the would-be tenants. Silverstein has not yet announced a replacement anchor tenant for the building. Fox and News Corp. indicated last year that they would likely stay at the Sixth Avenue location, but nothing was finalized. [NYP] — Kathryn Brenzel

Clarification: Since Fox and News Corp. signed new leases at the office building, they didn t technically renew their original lease at 1211 Sixth Avenue, as reported earlier. 

Tags: Bjarke Ingels, Larry Silverstein, rupert murdoch
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