U.K.-Based Future plc Signs Midtown Lease Amid U.S. Expansion
Cushman & Wakefield arranged a long-term, 16,000-square-foot, full-floor lease for multi-platform media company Future plc at 130 W. 42nd St. in Midtown Manhattan. The U.K.-based tenant is the name behind more than 200 brands spanning the technology, games, TV and entertainment, women’s lifestyle, real life, music, creative and photography, sports, home interest and B2B sectors.
David Dusek of Cushman & Wakefield represented Future plc. Brad Needleman and Matthew Augarten of Newmark represented the landlord, Tribeca Associates.
“Future plc is quickly expanding across the United States and has a sizeable presence in New York City,” said Dusek. “130 W. 42nd offered Future plc a move-in ready, plug-and-go space. Tribeca Associates understood the tenant’s need for flexibility to continue expanding and we were able to reach terms that were desirable for both the tenant and landlord.”
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).