Boston Properties' Park Avenue South building lands publishing house HQ

Boston Properties has signed a new tenant to 360 Park Ave. South, a handsome but mostly vacant building whose co-owner sold its stake back to the developer earlier this year for $1.Ziff Davis agreed to relocate to corporate headquarters from 114 Fifth Ave. to the 20-story building at East 26th Street. The publishing house leased 23,000 square feet on the 17th floor, where the asking rent was $110 per square foot, according to broker CBRE.The signing of Ziff Davis means the building is 25% leased, CBRE said. Investment firm Iconiq Capital agreed earlier this year to lease 70,000 square feet on the 18th and 19th floors at a starting rent of $103 per square foot, according to CoStar. Tenants are expected to move in this summer now that Boston Properties has wrapped up $100 million worth of renovations, with new lobbies, a roof deck, and a planned 7,000 square-foot restaurant from James Kent, a Michelin-starred chef who died suddenly this week at age 45.Boston Properties expects 360 Park Ave. South’s fortunes will stabilize by late next year. But one investor, the Canada Pension Plan Investment Board, decided it couldn’t wait and early this year sold back its 29% stake for a dollar after putting $71 million into the building. By exiting, the pension fund avoided another $46 million in future funding obligations and saved $5 million in annual interest payments.Those payments could rise because the building’s $220 million mortgage, carrying a 7.8% interest rate, comes due in... Continue reading at 'Crains New York'

[ Crains New York | 2024-06-18 16:59:09 UTC ]
News tagged with: #assumed debt #fund declined #$300 million #older buildings #park avenue #southern half #newer space #renovation work #high quality #common areas #ve put #hilary spann #york region #conference call #feel encouraged #publishing house

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Coffee House Press Publisher Anitra Budd Resigns

After less than a year in the role, Anitra Budd has resigned as publisher of Coffee House Press. Budd, who had held a number of roles at the press, said on Twitter she was proud of what she and her team accomplished at Coffee House. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-26 04:00:00 UTC ]
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Undisputed “World’s Greatest Author” finally lands Big 5 publishing deal.

Yes, it’s Tingle Time. One of my all-time favorite literary personalities, the greatest self-published author to ever live, Chuck Tingle, has signed a two-novel deal with Tor’s Nightfire imprint. Per the Publishers Marketplace announcement, the first book, Camp Damascus, is about “a group of... Continue reading at Literrary Hub

[ Literrary Hub | 2022-07-29 15:04:14 UTC ]
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Astra Publishing House Acquires DAW Books

Astra Publishing House has acquired DAW Books, bringing a list of 2,000 science fiction and fantasy titles to the burgeoning New York–based, Chinese-owned publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-13 04:00:00 UTC ]
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Penguin Random House to Distribute for Disney Publishing

Starting next April 1, Penguin Random House Publisher Services will take over distribution of the adult and children’s print books published by Disney Publishing Worldwide. Under the agreement, PRHPS will also take on distribution of Marvel Publishing’s collected editions and graphic novels to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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White House Historical Association Marks 60 Years of Publishing

This year, 'The White House: An Historic Guide,' coedited by first lady Jacqueline Kennedy, celebrates its 60th year in print and, with it, the WHHA’s 60th year in publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Diversity in the House: The State of Diversity in Publishing

Three voices on the challenge of making publishing less white and more representative of the world at large. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-19 04:00:00 UTC ]
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Publishing House of Horrors: Spotlight on Stygian Sky Media

With an ever-expanding list of titles, genres, authors, and imprints, the indie publisher is giving writers a path to success and an alternative to larger, more traditional houses. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-19 04:00:00 UTC ]
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Melville House Publishing Turns 20

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[ Publishers Weekly | 2022-02-11 05:00:00 UTC ]
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At Guadalajara: Spain’s Publishers Present a 41-House Collective Stand

Spanish publishers cite Mexico as their primary Latin American market, as they arrive at the Guadalajara International Book Fair. The post At Guadalajara: Spain’s Publishers Present a 41-House Collective Stand appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-27 19:14:48 UTC ]
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Lebanese publishing house named Prix Voltaire Laureate

Lebanese publishing house Dar Al Jadeed has been named the 2021 International Publishers Association (IPA) Prix Voltaire Laureate, for its "inspirational" bravery in upholding the freedom to publish and promoting freedom of expression. Continue reading at The Bookseller

[ The Bookseller | 2021-11-21 22:21:31 UTC ]
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From a Small Nigerian Tribe to a Big American Publishing House

In Uwem Akpan’s debut novel, “New York, My Village,” a Black African editor traces tribalism at home and abroad. Continue reading at The New York Times

[ The New York Times | 2021-11-02 09:00:06 UTC ]
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Crowdfunding a Publishing House: PW Talks with Spike Trotman

Spike Trotman, comics creator, writer, and founder of Iron Circus Comics, has led the way in using crowdfunding as part of a scalable publishing business model that can support unique titles within the comics shop and trade book markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-20 04:00:00 UTC ]
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HQ to publish new revised edition of Hirons' Skincare

HQ will be publishing a new, revised edition of Caroline Hirons' debut Skincare, featuring new content including advice on menopause and perimenopause. Continue reading at The Bookseller

[ The Bookseller | 2021-10-20 03:54:47 UTC ]
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Lyall Grant joins Joffe Books as Severn House appoints new publisher

Severn House publisher Kate Lyall Grant is joining Joffe Books as publishing director, to be succeeded at Severn House by Joanne Grant. Continue reading at The Bookseller

[ The Bookseller | 2021-10-08 16:06:12 UTC ]
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HarperCollins Ireland publisher Nagle looks to build brand as list launches

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[ The Bookseller | 2021-09-10 00:00:19 UTC ]
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Coffee House Press Names New Publisher

Anitra Budd, who has been affiliated with the Minneapolis-based indie publisher for 20 years, is the new executive director and publisher of Coffee House Press, effective October 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-25 04:00:00 UTC ]
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A Gallimard Editor Opens a New Publishing House in Marseille

Planning to publish up to 20 books per year, Marie-Pierre Gracedieu leaves Paris to establish a new press called Le Bruit du Monde. The post A Gallimard Editor Opens a New Publishing House in Marseille appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-24 06:26:45 UTC ]
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Astra Publishing House is launching an international literary magazine.

Astra Publishing House has announced they are launching a new literary magazine, Astra Quarterly, which will start publishing online this fall and in print by the end of 2021. Astra Quarterly will have a strong international focus; it will have an international network of editors, and be... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-26 16:54:13 UTC ]
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Small Publishers Struggle to Build a Diverse Workforce

Interviews with mainline Christian, Catholic, and spirituality publishers found efforts to build a more inclusive staff bump into tight budgets, small staffs, lack of attrition, and high competition for talent. Continue reading at Publishers Weekly

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Turner Publishing Buys Prospect Park Books

Turner Publishing Company has acquired Los Angeles-based Prospect Park Books. The purchase adds more than 100 titles to Turner's backlist. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-01 05:00:00 UTC ]
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