NEW YORK CITY—Omnicom Group has renewed its lease at 200 Varick St., the Hudson Square location, also well known for housing the Film Forum independent movie theater. The asking price for the 10-year lease was in the $60s per square foot.
Omnicom will continue to occupy approximately half of the 410,000 square-foot, 12-story building, remaining on the second through fourth floors, sixth floor, and the 10th through 12th floors. The advertising and communications company has been in this location for the last 25 years.
Eric Gural and Brian Steinwurtzel, the co-CEOs of GFP Real Estate, made the announcement on Tuesday. The firm was formerly known as Newmark Holdings, and has a 63-year history as an owner, operator and manager with a portfolio of more than 10 million square feet of commercial real estate in New York City. Jeffrey Gural, Eric Gural and Donna Vogel represented GFP Real Estate and Lee Feld of Feld Real Estate represented the tenant.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
