To complete the transaction, the American Institute of CertifiedPublic Accountants moved to a different floor in the sitesubleasing JP Morgan space. Cushman and Wakefield, which worked onthe transaction on behalf of the building owner, could not commenton the deal. C&W brokers on the deal were Mitch Arkin, JohnPicco, John Gray and Peter Van Duyne. CB Richard Ellis representedNews America.

"This deal took over a year," David W. Levinson, vice-chairmanof CBRE, tells GlobeSt.com, because it involved multiple parties aswell as the negotiation of additional naming rights on theproperty. Levinson says he expects there to be many "excitingthings happening in the building. It was a very positiveexpansion."

The 45-story, 1.9-million-sf tower, also known as 1211 Avenue ofthe Americas, anchors the southwest corner of Rockefeller Center.At its 1973 opening, it marked the completion of a westwardexpansion that began with the Time & Life Building and morethan doubled Rockefeller Center's rentable office space. The sitewas completely renovated in 1991. The Rockefeller Group developedthe building as headquarters for the Celanese Corp., and sold itsinterest in 1980. The building was purchased in 2000 by JamestownCorp., with Rockefeller establishing a minor equity interestthrough Jamestown.