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Gannett Moves Corporate Offices Up Broadway

In another example of tenants taking advantage of prime sublease space, Gannett Co. recently inked a 24,195-square-foot office sublease at Rudin Management’s 1675 Broadway. A mass media holding company and the largest U.S. newspaper publisher, Gannett plans to relocate its corporate offices from 1633 Broadway to a full floor at the 35-story tower.

CBRE’s Gregg Rothkin, John Maher, Paul Myers, Mike Wellen, Alex Bennisato and Cara Chayet represented the sublandlord in the 10-year deal. Gannett was represented by Byrnam Wood’s Gordon Ogden and Nick Gilman.

“Despite the challenging office leasing environment due to the global pandemic, opportunities abound for tenants seeking move-in ready space at very attractive overall economics,” said Rothkin. “The Gannett deal speaks to this trend perfectly; the availability at 1675 Broadway is a unique example of high-quality, state of the art, plug and play sublease space with the capacity to accommodate tenants of various sizes and industries.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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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