major league soccer The footprint will double due to the move to Vornado Realty Trust (VNO)'s pen 2.
The professional soccer league will relocate its offices from the 64,200 square feet it leased. 420 Fifth Avenue Since 2015, up to 126,000 square feet over two floors in the Penn District Building; genuine first reported. Asking rents were $110 to $125 per square foot.
Office condominium located at 420 Fifth, owner Steve Witkoffis up for sale, which may be due to MLS's decision to seek greener pastures.
Cushman & Wakefield (CWK) We are Vornado's leasing agent for Penn 2. Joe Messina and Dan Posey of JLL (JLL) Negotiated on behalf of MLS. Neither brokerage firm responded to requests for comment. Vornado declined to comment.
MLS will have 770 square feet of outdoor space and 17,000 square feet of rooftop terrace and indoor pavilion shared with other tenants for private use, according to the company. TRD.Adjacent to pen 2 madison square gardenon 7th Avenue between West 31st and 33rd Streets.
Vornado has scrapped plans to build a new tower in the Penn District, citing changes in the interest rate environment and demand for office space. Still, rental deals for Pen 2 are strong. madison square garden entertainment Reoccupies 7 floors In 2021, the tower will be 428,000 square feet the landlord There was once consideration of completely demolishing it..
Mark Hallum can be contacted at: mhallum@commercialobserver.com.
