Versant Expands Midtown Media Footprint

Versant just locked in a massive new lease in Midtown, adding 85,000 sq ft to its existing 250,000 sq ft footprint at 229 W 43rd St — floors 11, 12, and 14 are now theirs. With rents at $70–85/sq ft and an 18-year deal, the space will house custom studios for Golf Channel and E! amid a building that’s hosted giants like BuzzFeed and The New York Times. At 96% leased, the tower’s tenant roster includes Snapchat, and Columbia Property Trust, which bought the building for $516M in 2015, is riding the wave of Manhattan’s strongest leasing quarter since 2014 — proof that even in a shifting market, big players are still betting big on prime real estate. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ee189e0aa64ec031