Cannon Hill has entered a $84.1 million mortgage for its two-building office in the Flatiron District of Manhattan, according to a report from according to a report from the New York Business Journal.
The properties, spanning a total of 220,000 square feet, consist of 888 Broadway and its annex, 38 East 19th Street.
The two buildings house Netflix's corporate offices, where the tech giant operates 100,000 square feet. The move follows Cannon's lease agreement it struck with Netflix earlier in February. The deal will keep the streamer in the Flatiron District until 2032.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 2025 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.
