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

Other Publishing stories related to: 'Boston Properties' Park Avenue South building lands publishing house HQ'


Colin Kaepernick Launches Publishing House, Has Audible Audio Deal

Free agent NFL quarterback and social activist Colin Kaepernick plans to publish a memoir via his own publishing venture and release an audiobook version of the untitled book via an exclusive deal with Audible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-14 05:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing venture #audiobook version #untitled book #exclusive deal #audiobook #memoir


Melville House, Skyhorse Publish Impeachment Report

Melville House Publishing and Skyhorse Publishing are returning to the public documents well to publish the report pertaining to the impeachment inquiry into President Donald Trump. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-12 05:00:00 UTC ]
More news stories like this | News stories tagged with: #melville house #skyhorse publishing #impeachment inquiry


Ward becomes Random House US publisher

Andy Ward has been promoted to Random House US publisher effective immediately. Continue reading at The Bookseller

[ The Bookseller | 2019-11-18 15:04:10 UTC ]
More news stories like this | News stories tagged with: #andy ward #random house


Bonnier Books launches publishing house in Denmark

Bonnier Books – the parent company of Bonnier Books UK – is launching a new publishing house in Denmark early next year. Continue reading at The Bookseller

[ The Bookseller | 2019-11-15 11:11:48 UTC ]
More news stories like this | News stories tagged with: #bonnier books #bonnier


University of Western Australia's decision to close publishing house sparks outrage

Decision to shut UWA Publishing, which published works by multiple Miles Franklin winners, came ‘out of the blue’The University of Western Australia’s surprise decision to shut down its publishing house has prompted outrage and protest from the Australian literary community.The fate of the... Continue reading at The Guardian

[ The Guardian | 2019-11-08 02:50:40 UTC ]
More news stories like this | News stories tagged with: #published works #uwa publishing #senior management #long-time fan #sad news #australian readers #australian literature


Mohamed Sabry Brings Youthful Energy and Fresh Approaches to his Egyptian Publishing House

In Frankfurt as part of the fair's 2019 Invitation Program, Egyptian publisher Mohamed Sabry has seen success with his fresh approach to running Kayan Publishing. The post Mohamed Sabry Brings Youthful Energy and Fresh Approaches to his Egyptian Publishing House appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-18 07:17:49 UTC ]
More news stories like this | News stories tagged with: #fresh approach


Building The Yellow House: An Interview With National Book Award Finalist Sarah M. Broom

The National Book Award finalist answers 10 questions about her debut memoir The Yellow House. The post Building The Yellow House: An Interview With National Book Award Finalist Sarah M. Broom by Cassandra Lipp appeared first on Writer's Digest. Continue reading at Writer's Digest

[ Writer's Digest | 2019-10-11 13:00:04 UTC ]
More news stories like this | News stories tagged with: #yellow house #debut memoir #memoir #national book award


Chicken House lands MG mystery series by debut author Holly Rivers

Chicken House has struck a three-book deal with debut author Holly Rivers for her middle-grade mystery series, Demelza and the Spectre Detectors.  Continue reading at The Bookseller

[ The Bookseller | 2019-10-08 23:08:40 UTC ]
More news stories like this | News stories tagged with: #chicken house #three-book deal #debut author


Random House publisher Susan Kamil has died at the age of 69.

Executive vice president and publisher of Random House Susan Kamil, who published Salman Rushdie, Ta-Nehisi Coates, Elizabeth Strout, Sophie Kinsella, and Ruth Reich, among many others, died this weekend from complications relating to lung cancer, the AP reports. Random House president Gina... Continue reading at Literrary Hub

[ Literrary Hub | 2019-09-09 14:26:02 UTC ]
More news stories like this | News stories tagged with: #ta-nehisi coates #elizabeth strout #sophie kinsella #lung cancer #ap reports #random house


Random House Publisher Susan Kamil Dies at 69

Susan Kamil, publisher of Random House and a veteran publishing executive whose career spanned more than 40 years, died on Sunday, September 8, from complications from lung cancer. She was 69. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #susan kamil #career spanned #lung cancer #random house


HQ lands Eleanor Wood's first non-fiction title

HQ will publish the first non-fiction title from YA author Eleanor Wood about her journey from “the depths of existential despair” following a traumatic break-up and psychotic episode. Continue reading at The Bookseller

[ The Bookseller | 2019-08-21 09:14:55 UTC ]
More news stories like this | News stories tagged with: #non-fiction title


Watkins Publishing lands Neff sex positivity guide

Watkins has landed a "shame-free, revolutionary guide" to the sex positivity movement by psychologist Dr Kelly Neff. Continue reading at The Bookseller

[ The Bookseller | 2019-08-19 06:36:19 UTC ]
More news stories like this |


In no man’s land: anger as publisher puts book criticising army on hold

Penguin group rejects claim of censorship after halting publication of Simon Akam’s The Changing of the GuardAfter beating four other publishing houses in an auction, William Heinemann was in no doubt that The Changing of the Guard would more than reward the five-figure advance it paid to its... Continue reading at The Guardian

[ The Guardian | 2019-08-18 06:59:05 UTC ]
More news stories like this | News stories tagged with: #simon akam #william heinemann #five-figure advance #british army #exclusive interviews #publishing houses


Study: How Today’s News Publishers Can Use Data, Best Practices, and Test-and-Learn Tactics to Build Better Pay-Meters

The past half-decade has seen a digital subscription renaissance in the news publishing industry. Publishers are increasingly recognizing a market Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-08-13 17:00:55 UTC ]
More news stories like this | News stories tagged with: #news publishers #increasingly recognizing #news publishing


Penguin Random House Children’s Books to Publish Wattpad Books in UK

The latest stage in Wattpad's rapid expansion, its own new line of books is to be published in the UK market by Penguin Random House UK. The post Penguin Random House Children’s Books to Publish Wattpad Books in UK appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-08 09:05:12 UTC ]
More news stories like this | News stories tagged with: #uk market #uk appeared #rapid expansion #penguin random house #random house


Formerly Self-Published Italian Author Lands Netflix Series

Netflix will produce a new series titled 'Zero,' an Italian-language show based on the work of 27-year-old Antonio Dikele Distefano, a formerly self-published Italian author whose books have sold hundreds of thousands of copies since he signed with Mondadori. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
More news stories like this |


Penguin Publishing to House Former F+W Titles

After placing the winning bid in the auction for the book assets of bankrupt F+W Media, Penguin Random House has completed the purchase of 2,000 titles and that announced the works will become part of the Penguin Publishing Group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #winning bid #penguin random house


Germany’s biggest publisher sales houses unite to fight Google, Facebook and Amazon

Axel Springer and Funke Mediengruppe’s joint sales house Media Impact has joined forces with the joint sales house of fellow publishing juggernauts RTL Groupe and Gruner+Jahr to solidify an advertising alliance that sells the combined inventory of all four media groups. The post Germany’s... Continue reading at Digiday

[ Digiday | 2019-05-28 04:01:59 UTC ]
More news stories like this | News stories tagged with: #post germany #amazon appeared #fight google #axel springer #joined forces


Popelars Joining Tin House Books As Publisher

Craig Popelars is joining Tin House Books as publishers June 1. His appointment is part of Tin House's plan to expand its book publishing program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #craig popelars #tin house


HQ lands 'poignant' homeless novel from former midwife

HQ has bought a "gorgeously written" debut novel by Canterbury Christ Church University creative writing student and former midwife Jessica Ryn, about a homeless woman searching for sanctuary. Continue reading at The Bookseller

[ The Bookseller | 2019-04-26 00:00:00 UTC ]
More news stories like this |