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EMI Music Publishing Relocates To Chelsea Market
7 Nov, 2006, New York
World’s largest music publisher leases 65,493 square feet at 75 Ninth Ave.
Cushman & Wakefield announced today that EMI Music Publishing, the world’s largest music publisher, has leased 65,493 square feet at 75 Ninth Ave. The company will relocate from 810 Seventh Ave. and 1290 Avenue of the Americas.
EMI Music Publishing signed a 10-year lease at 75 Ninth Ave., located between 15th and 16th Streets. It will occupy a portion of the fourth floor at the building, also known as the Chelsea Market Building. Built in 1920, 75 Ninth Ave. is an eight-story office building totaling approximately one million square feet.
Cushman & Wakefield brokerage professionals Gus Field and Curtis Brown represented EMI Music Publishing in its site selection and in lease negotiations with the building’s owner, Jamestown. David Falk and Nick Berger of Newmark Knight Frank, exclusive leasing agents for 75 Ninth Ave., represented Jamestown.
“This was an exceptional opportunity for EMI Music Publishing to consolidate its operations and employees into one location in a neighborhood known for its energetic and creative atmosphere,” said Mr. Field, an executive vice president at Cushman & Wakefield.
“The building’s successful transformation has attracted many of the top media and communication firms in the city including The Food Network, NY1 News, Oxygen Media, and Major League Baseball Productions,” said David Falk, executive vice president and principal of Newmark Knight Frank. “We are excited to add industry leader EMI Music Publishing to the tenant roster.”
“Chelsea Market was an attractive option from a functional, operational and geographic standpoint,” said Mr. Brown, a director at Cushman & Wakefield. “EMI Music Publishing will fit well into the media-related tenant mix.”
EMI Music Publishing owns and licenses the publishing rights to music by some of the world’s leading recording artists, including Beyonce, James Blunt, Kelly Clarkson, Counting Crows, Eminem, Goo Goo Dolls, Alicia Keys and Norah Jones, among hundreds of others.
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Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 195 offices in 55 countries around the globe, and 11,000+ talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. Cushman & Wakefield also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133, or visit the firm’s Web site at www.cushmanwakefield.com.
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