NoMad Tower at 1250 Broadway NoMad Tower lobby at 1250 Broadway

NEW YORK CITY—Rubicon Project has signed a 10-year lease, for 14,906 square feet, occupying the full 15th floor of Global Holdings’ NoMad Tower located at 1250 Broadway. The rent was not disclosed. However, a source close to the deal tells that asking rent is $85 per square foot around the leased floor. Another industry source tells that the rents for the 20th to the 22nd floors is $88 per square foot.

Eyal Ofer’s Global Holdings acquired the 706,763-square-foot, 39-story building in November 2016 for $565 million from a joint venture of Jamestown, MHP Real Estate Services and David Werner Real Estate, according to Real Capital Analytics.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis, 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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