Condé Nast Grabs More Downtown Real Estate

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By Chris O'Shea Comments

Condé Nast isn’t moving to One World Trade Center for about a year, but that hasn’t stopped execs from snatching up more downtown real estate.

Crain’s New York reports that the publishing giant is currently negotiating to take over an 80,000 square foot section of 222 Broadway, between Fulton and Ann.

The deal will allow Condé to add more space for a fraction of the cost. The rent at 222 Broadway is about $40 per square foot, while One WTC’s is in the $60-plus range.