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NEW YORK CITY — Rainbow Advertising Sales Corp. has renewed its lease at 530 Fifth Avenue, a 26-story, Class A office tower located in Midtown Manhattan, New York City, that is owned by The Moinian Group. The tenant, a subsidiary of Cablevision's Rainbow Media Holdings, occupies 44,422 square feet of space, consisting of the entire sixth and 17th floors as well as part of the basement. Cushman & Wakefield represented Rainbow in lease negotiations. Newmark Knight Frank represented Moinian.