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OMNICOM LEASES 184,000 SQUARE FEET AT 195 BROADWAY

NEW YORK CITY — Omnicom has signed a lease for approximately 184,000 square feet of space at 195 Broadway, a 1 million-square-foot office building in Manhattan, New York City. The 15.5-year lease encompasses 4.5 floors and includes expansion options. Owned by L&L Holdings Co., the 29-story building is 100 percent occupied and located between the Fulton Street and Calatrava Path transit centers. Omnicom’s Midtown and Midtown South units are slated to begin relocation to 195 Broadway third quarter 2008. Feld Real Estate represented the leasee, and David Berkley, along with Howard Fiddle and Brad Gerla of CB Richard Ellis, represented the landlord in-house.

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