Comcast Cable Consolidates NYC Offices to 1540 Broadway

Comcast Cable has leased 139,692 square feet at 1540 Broadway to consolidate its New York City offices, according to a CBRE report. The company is relocating from 407 Broadway and 55 W. 46th St., reported the New York Business Journal.

Savills’ Gabe Marans and Maxine Rosen represented Comcast in the lease signing, according to the Business Journal. JLL’s Frank Doyle and Clark Finney represented ownership, BDT & MSD Partners.

The lease comes as the 907,000-square-foot Midtown Manhattan office tower’s owners proceed with a $150-million capital improvements program. It ranked as the third largest office lease in Manhattan during July, exceeded only by the 198, 893-square-foot commitment by Snap at 2 Penn Plaza and Anthropic’s commitment to 462,513 square feet at 330 Hudson St., according to CBRE.

All told, Manhattan office leasing activity totaled 2.98 million square feet in July, 39% above the five-year monthly average, CBRE reported.

Inside The Story

CBRE New York City

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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