W. 34th looking Prime: sources
AMAZON may
be landing in yet another Amazon Alley building.
Paperwork has been drafted for the Jeff Bezos- owned company to lease the rest of SL Green’s 460 W. 34th St. — some 400,000 square feet, sources said.
In April, Republic Bank signed a lease to take 211,521 square feet starting in April 2021 on the ground, mezzanine and floors two to six. It will include two bank branches.
According to CoStar data, 224,471 square feet remain on the seventh through 12th floors and another 186,641 square feet on the 14th through 20th floors.
There is no 13th floor in the 638,000-square-foot industrial building, which was previously known as the Master Printers Building.
The building sits on the entire Tenth Avenue blockfront between W. 33rd and 34th streets opposite Hudson Yards.
Its current brass and marble lobby will be moved to West 33rd Street, where a modern, glass-boxed lobby will be installed. The old façade will be recolored a gray tone, while some 9-foot-high industrialstyle windows, elevators and double-height storefronts will
be created. Additionally, an amenity important to tenants, a new 5,000-square-foot roofdeck, will include a 3,000square-foot lounge. Brian Waterman, Scott
Klau, and Erik Harris of Newmark Knight Frank represented SL Green, and both companies declined to comment. Amazon did not immediately respond.
Keep in mind, this is a draft lease, nothing is set in stone, and big tech companies have been notoriously flaky — looking at everything and jumping from one project to another as building owners ply them with goodies. Amazon, of course, broke up with Long Island City on Valentine’s Day.
Amazon already has roughly 1.6 million square feet along the West 34th Street corridor and is teeing up to take another 800,000 to 1 million square feet in the area.
The additional space could end up at Brookfield’s Manhattan West, any Hudson Yards project, Vornado’s Farley Building or the quietly offered Tishman Speyer Morgan Post Office redevelopment that will also have a huge and gorgeous roof-deck.
Meanwhile, as Crain’s reported, Related appears to have lured Facebook to as many as 1.8 million square feet at 50 Hudson Yards, but would move into 55 and 30 Hudson Yards while 50 is being erected.
According to CBRE, tech talent in the Big Apple metro area grew by 4 percent in 2018, to 264,000 jobs, and 44 percent since 2011. The theater district is getting a Shake Shack.
The hamburger and crinkly fries outfit will open on the West 53rd Street side of 1700 Broadway at the northwest corner of Seventh Avenue. The space is down the block and across Broadway from Stephen Colbert’s show at the Ed Sullivan Theater. The restaurant’s 3,268square-foot lease includes 2,009 square feet on the ground floor adjacent to an outdoor dining area with 152 seats that will activate the nowsleepy plaza. It has a 588square- foot mezzanine and a 671-square-foot basement. Oceana Poke, Pret A Manger and Starbucks also hhave locations at the office building. The architectural firm Gensler is the largest tenant, with 125,000 square feet.
Matthew Chmielecki and Preston Cannon of CBRE represented the popular chain.
Cushman & Wakefield’s Steven Soutendijk, Kenji Ota and Neil Seth represented the Rockpoint Group ownership in the 15-year lease. The asking rent was $300 per square foot for the space.