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George Comfort Tenant Moves from Sublease to Lease More than Doubling HQ Space

CB Insgihts signed on for more than a decade at the 498 Seventh Ave. Midtown tower.

498 Seventh Ave. 498 Seventh Ave.

NEW YORK CITY—CB Insights (also known as CB Information Services, Inc.) has signed a direct 11-year lease for 43,000 square feet at 498 Seventh Ave. The tech market intelligence company expanded their space, having leased 17,000 square feet on part of the 17th floor in the same building since 2016. Under the new lease, in June 2019, the company will move, taking the entire 12th floor, following its buildout by the owners. The asking rent was in the low $70s.

The 25-story Midtown office tower is located between W. 36th and W. 37th streets. Its owned by a partnership of George Comfort & Sons, Inc., Loeb Partners Realty and JP Morgan Chase Asset Management.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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