The major streaming platform has renewed its office space on the south side of Manhattan Union SquareThe Commercial Observer has learned.
Netflix Studios extended lease of 9,943 square meters Taconic Partners‘ 817 Broadway Kabaccording to sources with knowledge of the deal. It’s unclear when the tenant moved out or how long the extension will last.
Asking rent for the space is $115 per square foot.
CBRE‘s Charles Laginestra and Rocco Laginestra negotiate on behalf of the employer, when Newmark‘s David Falk, Jason Greenstein, Daniel Levine and Jordyn Comras represented Netflix in the deal.
CBRE did not immediately respond to a request for comment, while Newmark declined to comment.
Other tenants in the building built in 1895 include a Paris-based crypto company Big bookwho signed a lease of 3,437 square feet in Marchand development platform Unity Technologieswhich takes up 10,000 square feet in August 2025.
around this time last year, GreenBarn Investment Group and Sabal Investment Holdings led the $128.5 million recapitalization of a 14-story Class A office property on Broadway, which at the time was previously leased. Partner of SDC Capital moved from the building in July.
Mark Hallum can be reached mhallum@commercialobserver.com.