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Big Sixth Ave. Lease Takes Over Chunk of Microsoft Offices

NEW YORK CITY-A book publishing firm has agreed to take almost 140,000 square feet of the space being vacated in early 2014.

By Rayna Katz | Updated on December 09, 2013

NEW YORK CITY-If Vornado Realty Trust was feeling any after shocks of Microsoft‘s decision to move out of 1290 Sixth Ave. and head for 11 Times Square, the building owner is now feeling virtually no pain.

The city’s biggest commercial landlord has signed a lease with Hachette Book Group, has inked a 15-year lease for 137,000 square feet at 1290 Sixth Ave., according to Crain’s New York Business. The deal, for roughly half of both the fourth and fifth floors, fills part of a block of about 250,000 square feet that recently came up for grabs following Microsoft’s relocation announcement. The tech giant will head to Times Square in February.

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