{"id":1004666334,"date":"2023-06-06T03:31:01","date_gmt":"2023-06-06T11:31:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004666334"},"modified":"2023-06-06T05:21:57","modified_gmt":"2023-06-06T13:21:57","slug":"rudin-inks-46-ksf-at-times-square-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/","title":{"rendered":"Rudin Inks 46 KSF at Times Square Tower"},"content":{"rendered":"
\"3<\/a>

3 Times Square. Rendering courtesy of FXCollaborative<\/em><\/p><\/div>\n

Rudin Management Co. <\/strong>has signed a five-year lease extension with West Publishing Corp<\/strong>. at 3 Times Square, an 885,000-square-foot office tower in Midtown Manhattan. The publishing company is set to take up 46,105 square feet, spanning the entire 17th floor and a section of the 18th floor.<\/p>\n

Rudin Senior Vice President Tom Keating brokered the deal in-house on behalf of the landlord. A JLL <\/strong>team comprising Vice Chairman Mitchell Konsker, Executive Managing Director Dan Turkewitz and Senior Vice President Christine Tong represented the tenant in the lease agreement.<\/p>\n

\n

READ ALSO<\/strong>: A Closer Look at Tech Layoffs\u2019 Impact on Office Leasing<\/a><\/p>\n

\n

Having secured West Publishing\u2019s extension, Rudin has leased a total of 431,373 square feet within the office tower since December 2021. Other recent lease signings include Remy Cointreau, Anchin, Block & Anchin and Touro University. The latter opened its space at 3 Times Square<\/a> back in March.<\/p>\n

A revamped Manhattan office tower<\/h2>\n

Initially built and inaugurated in 2001 as the headquarters of Reuters Group PLC<\/strong>, the 30-story building is currently in the final phases of redevelopment. In 2020, a joint venture of Rudin and Thomson Reuters<\/strong> hired architect FXCollaborative<\/strong> to undertake a capital improvement program at 3 Times Square.<\/p>\n

Upgrades to the property include the addition of a new lobby, a sculptural facade screen, a modern touchless entry system, a fully renovated dispatch elevator system, as well as the creation of a dedicated amenity space<\/a> on the 16th floor. Upon completion, the amenity space will feature a dining area, coffee bar and conference and events center, along with a fitness center.<\/p>\n

The building has achieved WiredScore Platinum for its connectivity and was awarded SmartScore Gold certification for its sustainability standards. As part of its commitment to prioritizing the health and well-being<\/a> of tenants, the building has also obtained the WELL Health-Safety Rating, along with other initiatives in place.<\/p>\n

Active leasing breathes new life into Manhattan’s office market<\/h2>\n

Last month, Rudin signed two new lease agreements<\/a> for a total of 22,843 square feet at its boutique office building located at 355 Lexington Ave., in the Grand Central District of Midtown Manhattan.<\/p>\n

According to the latest CommercialEdge office report<\/a>, Manhattan maintained its position as the costliest office market in the U.S., with the average full-service equivalent listing rate at $74.0 per square foot as of April. The vacancy rate in Manhattan stood at 16.8 percent, only 10 basis points above the national average, the same source shows.<\/p>\n

In addition, the same report reveals that the borough had a significant volume of office construction in progress, amounting to approximately 9.5 million square feet, or 2.1 percent of total stock.<\/p>\n","protected":false},"excerpt":{"rendered":"

Since late 2001, the owner has secured more than 430,000 square feet in leases at the property.<\/p>\n","protected":false},"author":3030,"featured_media":1004666339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1600,21742,10,21747],"tags":[47405,32796,33000],"class_list":["post-1004666334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-fxcollaborative","tag-jll","tag-rudin-management-company"],"acf":[],"yoast_head":"\nRudin Inks 46 KSF at Times Square Tower - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Rudin Management Co. has signed a five-year lease extension with West Publishing Corp. at 3 Times Square in Midtown Manhattan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rudin Inks 46 KSF at Times Square Tower\" \/>\n<meta property=\"og:description\" content=\"Rudin Management Co. has signed a five-year lease extension with West Publishing Corp. at 3 Times Square in Midtown Manhattan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-06T11:31:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-06T13:21:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Raluca Toma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/\",\"name\":\"Rudin Inks 46 KSF at Times Square Tower - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg\",\"datePublished\":\"2023-06-06T11:31:01+00:00\",\"dateModified\":\"2023-06-06T13:21:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e908d9381f3929d1d57f95e4db8c529\"},\"description\":\"Rudin Management Co. has signed a five-year lease extension with West Publishing Corp. at 3 Times Square in Midtown Manhattan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg\",\"width\":1024,\"height\":768,\"caption\":\"3 Times Square. Rendering courtesy of FXCollaborative\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rudin Inks 46 KSF at Times Square Tower\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e908d9381f3929d1d57f95e4db8c529\",\"name\":\"Raluca Toma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RalucaToma_AuthorPhoto2-1.jpg?w=90\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RalucaToma_AuthorPhoto2-1.jpg?w=90\",\"caption\":\"Raluca Toma\"},\"description\":\"Raluca Toma is an associate editor with Multi-Housing News and Commercial Property Executive and has a background in marketing and public relations. She joined the team in 2022 and has since been responsible for creating news pieces on the latest transactions, trends and topics in the real estate industry. You can reach Raluca at raluca.toma@cpe-mhn.com or connect with her on LinkedIn at https:\/\/bit.ly\/3KF1FJr.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/raluca-toma\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rudin Inks 46 KSF at Times Square Tower - Commercial Property Executive","description":"Rudin Management Co. has signed a five-year lease extension with West Publishing Corp. at 3 Times Square in Midtown Manhattan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/","og_locale":"en_US","og_type":"article","og_title":"Rudin Inks 46 KSF at Times Square Tower","og_description":"Rudin Management Co. has signed a five-year lease extension with West Publishing Corp. at 3 Times Square in Midtown Manhattan.","og_url":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-06-06T11:31:01+00:00","article_modified_time":"2023-06-06T13:21:57+00:00","og_image":[{"width":1024,"height":768,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg","type":"image\/jpeg"}],"author":"Raluca Toma","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/","url":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/","name":"Rudin Inks 46 KSF at Times Square Tower - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg","datePublished":"2023-06-06T11:31:01+00:00","dateModified":"2023-06-06T13:21:57+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e908d9381f3929d1d57f95e4db8c529"},"description":"Rudin Management Co. has signed a five-year lease extension with West Publishing Corp. at 3 Times Square in Midtown Manhattan.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg","width":1024,"height":768,"caption":"3 Times Square. Rendering courtesy of FXCollaborative"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/rudin-inks-46-ksf-at-times-square-tower\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Rudin Inks 46 KSF at Times Square Tower"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e908d9381f3929d1d57f95e4db8c529","name":"Raluca Toma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RalucaToma_AuthorPhoto2-1.jpg?w=90","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RalucaToma_AuthorPhoto2-1.jpg?w=90","caption":"Raluca Toma"},"description":"Raluca Toma is an associate editor with Multi-Housing News and Commercial Property Executive and has a background in marketing and public relations. She joined the team in 2022 and has since been responsible for creating news pieces on the latest transactions, trends and topics in the real estate industry. You can reach Raluca at raluca.toma@cpe-mhn.com or connect with her on LinkedIn at https:\/\/bit.ly\/3KF1FJr.","url":"https:\/\/www.commercialsearch.com\/news\/author\/raluca-toma\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/3-Times-Square.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004666334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3030"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004666334"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004666334\/revisions"}],"predecessor-version":[{"id":1004666494,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004666334\/revisions\/1004666494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004666339"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004666334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004666334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004666334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}