{"id":1004279297,"date":"2018-11-14T03:53:01","date_gmt":"2018-11-14T11:53:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004279297"},"modified":"2026-05-12T03:01:04","modified_gmt":"2026-05-12T11:01:04","slug":"bloomberg-inks-460-ksf-lease-renewal-in-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bloomberg-inks-460-ksf-lease-renewal-in-manhattan\/","title":{"rendered":"Bloomberg Inks 460 KSF Lease Renewal in Manhattan"},"content":{"rendered":"<div id=\"attachment_1004279309\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004279309\" data-attachment-id=\"1004279309\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bloomberg-inks-460-ksf-lease-renewal-in-manhattan\/attachment\/7995\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"120 Park Avenue\" data-image-description=\"&lt;p&gt;120 Park Avenue&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;120 Park Avenue&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg?w=800\" class=\"wp-image-1004279309 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/7995.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004279309\" class=\"wp-caption-text\">120 Park Avenue. <em>Image courtesy of Yardi Matrix<\/em><\/p><\/div>\n<p>Global Holdings has signed a 460,000-square-foot lease renewal with Bloomberg for nearly 75 percent of the space at 120 Park Avenue through February 2029.\u00a0The tenant has been occupying space in the Class A building since 2011 and the prior lease was about to expire in 2020.<\/p>\n<p>The 630,000-square-foot, 26-story property was completed in 1981 and underwent renovations in 2011, Yardi Matrix data shows. Amenities include a new building entrance and lobby, expansive floor plates, panoramic views of the city and a full-floor wrap-around terrace. Additionally, the asset previously served as the urban campus for Phillip Morris, which continues to be a tenant here alongside Oracle, C40 Cities and Bain &amp; Co.<\/p>\n<p>The building sits adjacent to Grand Central Terminal, while landmarks such as the Empire State Building are few blocks away.<\/p>\n<p>JLL\u2019s Paul Glickman and Diana Biasotti represented Global Holdings in the transaction. CBRE\u2019s Howard Fiddle and Craig Reicher, who earlier this year\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/latham-watkins-leases-407-ksf-at-iconic-rockefeller-center\/\">brokered another major lease<\/a> on Avenue of the Americas, acted on behalf of the tenant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The finance and media giant will continue to occupy 75 percent of Global Holdings&#8217; office tower on Park Avenue near Grand Central Terminal. <\/p>\n","protected":false},"author":241,"featured_media":1004279309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,1600,21742,10,21747],"tags":[37840,32789,33885,32796],"class_list":["post-1004279297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-new-york","category-latest","category-northeast","category-office","tag-bloomberg","tag-cbre","tag-global-holdings","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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