July 31, 2017
Macmillan Publishers is moving from the Flatiron Building to a new home in at 120 Broadway, an historic tower in Downtown Manhattan.
“In making the move Downtown, Macmillan joins a growing list of leading publishing, media and creative firms that have been attracted to Lower Manhattan for its vibrant mix of residences, open spaces, shopping, dining, cultural attractions and transit options,” said Roger A. Silverstein, executive vice president for Silverstein Properties.
The Downtown Alliance reports that 739 firms have moved to Lower Manhattan since 2005, leasing over 18.1 million square feet. Of those companies, 419 have been in TAMI or professional services fields, taking 59 percent of the space leased.
Known as the “Equitable Building,” 120 Broadway was the largest office building in the world when it opened in 1915. Macmillan will occupy 261,000 square feet in the 40-story, 1.9 million-square-foot tower.
For comments, questions or concerns, please contact Bendix Anderson