HarperCollins Publishing, Inc., a world-renowned publishing company, signed a 15-year lease for approximately 180,000 square feet in the office building
at 195 Broadway, near the World Trade Center buildings in downtown New York City.
The 29-story, 1.05 million-square-foot, historic class A office building was completed in 1913 and renovated in 1986, according to CoStar information. The building is currently owned by a joint venture between L&L Holding Company and Beacon Capital Partners.
HarperCollins' lease includes four and half floors in the property, marking its relocation and return to the downtown area, where it began operations in 1817. The tenant will begin moving from 10 E. 53rd St. in Midtown Manhattan beginning in spring of 2014, when it will join major tenants at the building including Thompson Financial, Omnicom, and MPG.
Ken Rapp, Mary Ann Tighe, Christopher Mansfield and Lauren Crowley Corrinet of CBRE represented HarperCollins. Andrew Wiener and David Berkey with L&L Holding Company LLC represented the building ownership in-house.