NEW YORK CITY-Media tenant Meredith Corp.,publisher of the Ladies’ Home Journal and other populartitles, is consolidating from two separate Grand Central Districtoffices into nine floors at Cohen Brothers Realty Corp.’s 805 ThirdAve. A source familiar with the deal tells GlobeSt.com the212,594-square-foot headquarters deal is for 10-plus years.

Meredith is consolidating from 125 Park Ave., whereit occupies about 143,000 square feet, and 375 Lexington Ave. Themedia and marketing company, which plans to complete its relocationby late 2011, will anchor the 31-story office tower. According to arelease from Cohen Brothers, the Meredith lease brings 805 Third tomore than 90% occupancy.

“This is a company that I’ve worked with on manyoccasions and have great admiration for, so when the opportunitypresented itself to bring Meredith to 805 Third as our anchortenant, I was determined to create the kind of corporateenvironment needed to get this deal done,” Charles S. Cohen Cohen,president and CEO of Cohen Brothers, says in a release. The twofirms have worked together via Cohen Brothers’ showroom and designcenter portfolio, in which Meredith’s Traditional Homedivision has often staged trade events.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.