{"id":1004555576,"date":"2021-10-25T12:21:39","date_gmt":"2021-10-25T20:21:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004555576"},"modified":"2022-12-09T02:48:42","modified_gmt":"2022-12-09T10:48:42","slug":"award-winning-film-studio-to-open-new-manhattan-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/award-winning-film-studio-to-open-new-manhattan-hq\/","title":{"rendered":"Award-Winning Film Studio to Open New Manhattan HQ"},"content":{"rendered":"<div id=\"attachment_1004555593\" style=\"width: 281px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/10\/1245_main-dusk-view_final-e1635191332732.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004555593\" data-attachment-id=\"1004555593\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/award-winning-film-studio-to-open-new-manhattan-hq\/1245_main-dusk-view_final\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/10\/1245_main-dusk-view_final-e1635191332732.jpg\" data-orig-size=\"800,885\" 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;1&quot;}\" data-image-title=\"1245 Broadway night\" data-image-description=\"&lt;p&gt;Rendering of 1245 Broadway. Image courtesy of Klovern and GDSNY.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Rendering of 1245 Broadway. Image courtesy of Klovern and GDSNY.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/10\/1245_main-dusk-view_final-e1635191332732.jpg?w=800\" class=\"wp-image-1004555593 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/10\/1245_main-dusk-view_final-e1635191332732.jpg?w=271\" alt=\"\" width=\"271\" height=\"300\"><\/a><p id=\"caption-attachment-1004555593\" class=\"wp-caption-text\">Rendering of 1245 Broadway. Image courtesy of Klovern and GDSNY.<\/p><\/div>\n<p>Film and television studio A24 Films has signed a lease for 41,000 square feet at Kl\u00f6vern and GDS Development Management&#8217;s 1245 Broadway, a Class A office building in NoMad.<\/p>\n<p>In a 15-year lease, A24 is building out its new headquarters across four floors of the 23-story building, on the corner of Broadway and 31<sup>st<\/sup> Street in Midtown South. The company is targeting a move-in date to the 200,000-square-foot property in the second half of 2022.<\/p>\n<p>A24 has been a rising star in Hollywood in recent years, as the studio behind Academy Award-winning films including Lady Bird, Minari, Moonlight and Uncut Gems.<\/p>\n<hr>\n<p><strong>READ ALSO: <\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-office-transactions-in-manhattan\/\">The Top Five Manhattan Office Deals<\/a><\/p>\n<hr>\n<p>The ownership was represented by Paul Amrich and Neil King of CBRE, while Newmark\u2019s Todd Ward and Cushman &amp; Wakefield\u2019s Brian Hay and Tim Hay represented A24 Films.<\/p>\n<p>1245 Broadway was designed by Skidmore, Owings &amp; Merrill and once completed, will include features like triple-glazed windows, a private club and private terraces. The owners are seeking LEED Gold certification and will incorporate touchless technology and a focus on air quality.<\/p>\n<p>The boutique office building is not far from another Manhattan office project being developed by Sweden\u2019s Kl\u00f6vern and New York-based GDS. Last fall, <a href=\"https:\/\/www.commercialsearch.com\/news\/boutique-manhattan-office-tower-tops-out\/\">the duo topped out construction<\/a> at its 12-story office building, 28 &amp; 7, in Chelsea. Also designed by Skidmore, Owings &amp; Merrill, the property will comprise 100,000 square feet and is being designed to achieve LEED Silver and WELL certifications.<\/p>\n<p>After five of the slowest quarters in the past decade, office leasing in Manhattan reached a high of nearly 5.3 million square feet in the third quarter of 2021, according to a recent market report from Cushman &amp; Wakefield. Strong leasing activity in August and September led to the uptick, which helped boost year-to-date leasing total to 11.2 million square feet, marking the first year-over-year increase since August 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company will move into a boutique office building on Broadway.<\/p>\n","protected":false},"author":745,"featured_media":1004555578,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,22251,1600,21742,10,21747],"tags":[32789,51497,32799,51496,50999],"class_list":["post-1004555576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-in-focus","category-new-york","category-latest","category-northeast","category-office","tag-cbre","tag-corem","tag-cushman-wakefield","tag-gdsny","tag-newmark"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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