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 ]
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Fifty-six percent of European publishers say the core focus of their video distribution strategy is their owned sites compared to 34 percent who focus on social platforms. The post Digiday Research: European publishers bet on their own properties for video appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-20 00:00:00 UTC ]
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“You can’t be a publisher and not be thinking about platforms, not marry with them. Facebook needs to be a marketing tentacle.” The post ‘The duopoly are middlemen’: How publishers are building sustainable subscription models appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-17 00:00:00 UTC ]
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Chicken House has signed the English language rights to two middle-grade books by Chinese author Chen Jiatong. Continue reading at The Bookseller
[ The Bookseller | 2018-08-16 00:00:00 UTC ]
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Bustle Digital Group acquired Flavorpill Media Inc. to build out the company's experiential programming, Bustle said. Additional terms of the acquisition, which is effective immediately, were not made public. Flavorpill Media Inc. is an online publisher and experiential brand that launched in... Continue reading at AdWeek
[ AdWeek | 2018-08-15 00:00:00 UTC ]
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To keep people engaged, the sweepstakes company is going big on social, creating a mobile app and weekly Facebook show. The post Publishers Clearing House is surviving the ad duopoly by selling engagement appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-06 00:00:00 UTC ]
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Bonnier Publishing UK is set to launch its first in-house podcast this month entitled "The Barcelona Legacy". Continue reading at The Bookseller
[ The Bookseller | 2018-07-21 00:00:00 UTC ]
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A German author is taking Random House to court for declining to release his book Hostile Takeover: How Islam Hampers Progress and Threatens Society which it originally signed on the basis of a 10-page proposal. Continue reading at The Bookseller
[ The Bookseller | 2018-07-10 00:00:00 UTC ]
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An American debut author has secured a £1.5m advance for her "sensational" historical novel, with Hutchinson winning the UK rights after a 12-publisher auction. Continue reading at The Bookseller
[ The Bookseller | 2018-06-08 00:00:00 UTC ]
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An Irishman in London, Eoin Purcell moved from Dublin almost four years ago to become head of Amazon Publishing UK. Today, he looks at the industry's many urgent issues calmly: time is on his side. The post Eoin Purcell of Amazon Publishing UK: ‘Building Those Relationships’ appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-04 00:00:00 UTC ]
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A new rights deal between Shandong Fine Arts Publishing House and Nepal Modern Publishing House was celebrated with a special signing ceremony at the 2018 Bologna Book Fair. The post Shandong Fine Arts Publishing House Sells Nepalese Rights to Art Book Series appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-03-28 00:00:00 UTC ]
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Small but beautiful” is our publishing motto, says editor-in-chief Ma Yuxiu of New Buds. “We have scaled down our annual output in recent years, opting instead to focus our resources on creating unique content.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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When it comes to partnering with major overseas publishing houses, few people are more knowledgeable than founder and publisher Huang Xiaoyan of Everafter Books. After all, she was involved in the high-profile joint ventures of Macmillan Century and Hachette-Phoenix. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Hunan Juvenile steadfastly pursues its goal to be “a kid’s best friend” by introducing quality content from far and near. Last year, the 36-year-old publisher released more than 600 new titles, including originals such as China’s Silk Road picture books, literature titles such as Tang Sulan’s... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Most overseas publishers are familiar with the reputation of Tomorrow Publishing House, which was founded 35 years ago and has translated more than 1,000 titles. Credited for putting several local authors—Yang Hongying, Cao Wenxuan, Wu Meizhen, and Yu Yujun, for instance—on the international... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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This is the Chinese home of the Wimpy Kid series, which made its first appearance in China in 2009 and has since sold more than 9.2 million copies. The decision to ignore market skepticism (this comics-style series with American humor and school culture was initially deemed unworkable in China)... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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XJPH’s books featuring Afanti (a Uighur protagonist) and the Mongolian epic Jangar are vivid reminders of what is possible from a publisher located in the vast Chinese interior, which borders eight countries and harbors 47 ethnic groups. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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The phrase “in the right place at the right time” seems tailor-made for Jieli. Its Usborne China imprint, launched in January 2017, came at an opportune moment when the Chinese market was ready for higher-priced toy- and game-based board books and novelty titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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The assets of Black Dog Publishing and sister company Artifice Books, recently gone into liquidiation, have been bought by St James’s House Media Group. Continue reading at The Bookseller
[ The Bookseller | 2018-02-15 00:00:00 UTC ]
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In this week’s Rundown, we examine reasons Facebook and Google will be constrained in 2018, Wired’s play for digital subscriptions and more. The post The Rundown: Digital publishing’s crash landing appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-29 00:00:00 UTC ]
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HarperCollins imprint HQ is to be the UK publisher for Brave, the "courageous" memoir and manifesto from former actress Rose McGowan. Continue reading at The Bookseller
[ The Bookseller | 2017-11-14 00:00:00 UTC ]
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