The country’s political division has been good for Newsmax, the West Palm Beach, Florida-based conservative news organization.
Sources say it will move its studio to a place more than four times the size at 805 Third Ave., where the 22nd floor of 24,185 square feet was subleased from Meredith through 2026.
Dan Posy and Peter Michailidis of JLL represented Newsmax in what will be a move from a 5,000 square-foot space at 8 W. 40th St.
Also at 805 Third Ave., a sublease of Meredith’s 22,109-square-foot 23rd floor accommodated an in-building expansion by Gen II, which was represented by William Iacovelli of CBRE. Gen II is already occupying 47,600 square feet on the adjacent 24th and 25th floors, which it subleased at the end of 2018 in a move from 825 Third Ave. across the street. quadrupling its space.
Meredith’s lease runs through December 2026 and the JLL team of Frank Doyle, Randy Abend and Betsy Buckley repped Meredith in both these deals, as well as 150,000 square feet of subleases that we told you about last year signed by Kroll, as well as Gen II and its new expansion.
After Meredith merged with Time Inc. and relocated to the Time offices at Brookfield Place, it put its other spaces on the market.
