New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + Downtown New York  + Office  | 
122 Fifth Avenue Manhattan lobby rendering

Microsoft Leases Five Floors at Flatiron District Offices

Microsoft Corp. signed a long-term lease for approximately 150,000 square feet at Bromley Companies’ 122 Fifth Ave. in the Flatiron district. The five-floor lease was made possible by ownership’s decision to expand the property’s floors to 27,000 square feet each by constructing an adjacent new building that would be merged with the original 122 Fifth structure. 

JLL’s Lisa Kiell and Randy Abend represented Microsoft in leasing negotiations. A Newmark agency team of David Falk, Eric Cagner, Peter Shimkin, Ben Shapiro, Jordyn Comras and Dylan Weisman represented ownership. 

The 300,000-square-foot building is undergoing a major renovation project and includes retail space. Ownership is also creating a 13,000-square-foot communal roof deck for the building tenants, with a 6,000-square-foot glass jewel box pavilion space on top. 

Rendering courtesy of Bromley Companies.

Read More News Stories About: Microsoft
Connect

Inside The Story

JLL's KiellNewmark's Falk

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).

  • ◦Lease