Fujisankei Communications Renews Lease At Tower 52 In Midtown NYC

Fujisankei Communications International, the American arm of the Japanese media conglomerate, has renewed its lease for 10 years on its New York City offices at Tower 52, located at 150 East 52nd Street. The office space spans approximately 21,222 square feet in the Midtown market. The lease was brokered by Fred Smith and Thomas Burrus of Newmark, with an asking rent of $79.85 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: N/A
• Address: 150 East 52nd Street
• Market: Midtown
• Landlord: Princeton Properties
• Tenant: Fujisankei Communications International
• Brokers: Fred Smith & Thomas Burrus - Newmark
• Asking Rent: $79.85/ft
• Square footage: 21,222

The lease renewal by Fujisankei Communications International reflects their commitment to their New York City offices at Tower 52. Fred Smith and Thomas Burrus from Newmark played instrumental roles in facilitating the lease agreement, ensuring a smooth transaction between the tenant and the landlord, Princeton Properties.