NEW YORK CITY-Advance Magazine Publishers Inc.–which owns Condé Nast Publications, Fairchild Publications, the Golf Digest Cos. and Parade Publications–has signed a 43,361-sf lease at 1180 Ave. of the Americas, has learned. While rents at the 350,000-sf building run from $45 to $50 per foot, a source familiar with the deal hints that the closing price was closer to $45.

“Advance required class A, built space in close proximity to its headquarters at Four Times Square,” says Kevin Poppe, a VP at Jones Lang LaSalle, which represented building owner New York Life Insurance Co. Senior VP Alex Gilbert and leasing specialist David Kleiner rounded out the JLL team while Newmark & Co. Real Estate Inc. vice chairman and CEO Barry Gosin and managing director John Lizzul, spoke the tenant’s part in the talks. The lease, effective immediately, encompasses two full floors of the nearly full building, according to Poppe.

But specific terms and ultimate use vary depending on whom you talk to. While Gosin says it’s a two-year deal for space committed to “new operations,” Poppe says it’s an 18-month agreement and the space will be used for “general office space related to the day-to-day operations of several publications.” Calls to Advance were not returned by press time.

Other tenants at 1180 Ave. of the Americas include the Scripps Howard Broadcasting Co., Horizon Blue Cross Blue Shield of New Jersey and Rockefeller Group Business Centers Inc.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.