Omnicom Group Leases 64,000 SF Office Space At 220 E 42nd St, New York

The property at 220 East 42nd St, New York, NY, 10017 is an office building housing the marketing communications firm Omnicom Group. The transaction involved a 15-year lease for 64,000 square feet of space on the ninth floor. The landlord, SL Green, represented itself in the deal, while Omnicom Group was represented by Feld Real Estate's Lee Feld. Omnicom Group has been occupying space in the building since 2009 and now occupies a total of 231,000 square feet within the 1.2 million square foot building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not Applicable
• Tenant: Omnicom Group
• Tenant's Representative: Ileen Schoenfeld (Brown Harris Stevens)
• Landlord: SL Green
• Square Feet: 64,000

The deal at 220 East 42nd St involved key individuals including Ileen Schoenfeld of Brown Harris Stevens as the tenant's representative, and Lee Feld of Feld Real Estate representing Omnicom Group. SL Green, the landlord of the property, managed the transaction in-house. The lease agreement secured by Omnicom Group solidifies its long-standing presence in the building, reflecting its commitment to the location and the space provided.