New York & Tri-State + Downtown New York + Office | August 22, 2022

monday.com Subleases 110K SF of Buzzfeed Space

Savills represented monday.com, a work operating system, in a 110,000-square-foot sublease at 225 Park Ave. South. Subleasing space from Buzzfeed, the company will increase its existing footprint at 225 PAS as it rapidly scales its New York City operation.

“From the onset of the process, we understood that we needed to identify a space that adequately reflected monday.com’s brand and checked off all the boxes related to the company’s future business objectives,” said Kirill Azovtsev, executive managing director at Savills.

monday.com will be housed across floors 13 through 16 when it relocates to 225 PAS in September. The space includes multiple outdoor terraces, a kitchen, and a large interconnecting staircase allowing for easy travel between the floors the company will occupy.

A Savills team of Jim Wenk, Azovtsev, Allison Buck and Alex Redlus represented monday.com. Buzzfeed was represented by CBRE’s Jason Frazier, Jesse de la Rama and Christopher Mansfield.

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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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