Business
Century-old NYC office building signs two deals to buck trend toward newer towers
While some older buildings atrophy, others thrive. Two new deals totaling 104,000 square feet have brought George Comfort & Sons’ 960,000 square-foot 498 Seventh Ave. to 95% occupied. Public technology firm PubMatic, Inc., signed a 60,000 square-foot direct lease. The company, which was a subtenant will roughly double its space in the first quarter of 2025. Meanwhile, engineering firm Hazen and Sawyer extended its lease on 44,000 sf until at least 2035. George Comfort CEO Peter…
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