Facebook expands and J. Crew relocates in complex space swap

Facebook has signed a lease for an additional 370,000 square feet at Vornado Realty Trust’s 770 Broadway in a complex deal that will see J. Crew relocate its offices from the Midtown South building to Brookfield Place, The Real Deal has learned. The complicated set of transactions illustrates how fortunes are swinging for two different  industries and two of Manhattan’s office submarkets. J. Crew, which is facing many of the same challenges the retail sector […]

Source: Real Estate

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