Spark Media
NYC Office Relocation
August 10, 2026
DLSCommercial Real Estate

REQUIREMENT

TeamTwenty-one people (21) today, in advertising and marketing. Expanding out of 12 East 49th Street.
Space·Approximately 4,150 RSF·Twenty (20) workstations·Wet Pantry·Six (6) Total RoomsTwo (2) private officesOne (1) executive officeOne (1) breakoutOne (1) meetingOne (1) conference room
LocationColumbus Circle, Plaza District and Grand Central; Gramercy, Flatiron, Union Square and Greenwich Village also open.
BuildingAttended lobby. Natural light is the primary spatial requirement. Aesthetic spans modern creative, traditional loft and modern corporate.
TimingOccupancy within sixty (60) days. Built condition; furniture not necessary.
BudgetUnder $20,000 per month, all in. Long term, five (5) years or more; no lease-type preference.
DLS│02

EXECUTIVE SUMMARY

RetireAddressSuiteSize (RSF)Rent (PSF)Monthly
01213 West 35th StreetBetween Seventh & Eighth AvePartial 13th Floor5,187$42$18,155
02363 Seventh AvenueOffer pendingSoutheast corner of West 30th StreetOffer negotiation analysis →Entire 11th Floor4,850$46.5$18,794
03561 Seventh AvenueAt West 40th StreetFloor 183,824$56$17,845
04530 Seventh AvenueAt West 39th StreetSuite 12013,600$59$17,700
0514 East 47th StreetBetween Fifth & Madison AveEntire 6th Floor5,000$55$22,917
06216 East 45th StreetBetween Second & Third AveEntire 16th Floor5,000$48$20,000
DLS│03

OPTION 01: 213 West 35th Street | Location

← Executive Summary
Address
213 West 35th Street
Between Seventh & Eighth Ave
Submarket
Penn Plaza
Transit
Subway Lines
34 St–Penn Station (1 2 3) — 4 min walk (0.2 mi)
34 St–Penn Station (A C E) — 4 min walk (0.2 mi)
34 St–Herald Sq (B D F M N Q R W) — 8 min walk (0.4 mi)
Commuter Rails
Penn Station — LIRR / NJ Transit / Amtrak — 4 min walk (0.2 mi)
Moynihan Train Hall — 6 min walk (0.3 mi)
Neighborhood
Between Seventh and Eighth Avenues, directly north of Penn Station and Moynihan Train Hall. The best-connected address on the list for anyone commuting by rail, and the lowest rent per foot by a wide margin.
DLS│04

OPTION 01: 213 West 35th Street | Building

← Executive Summary
213 West 35th Street
Owner
Justin Management
Year Built
1921
Height
15 Floors
Building RSF
200,000 RSF
Class
Class B
Typical Floor
11,279 SF
Amenities
Masonry construction with four (4) elevators, in a central business district location. The building is 96.0% leased. Prime Midtown address near Penn Station and Herald Square, surrounded by retail and dining.
DLS│05

OPTION 01: 213 West 35th Street | Space

← Executive Summary
213 West 35th Street, Partial 13th Floor plan
Floor / Unit
Partial 13th Floor
Rentable Area
5,187 RSF
Asking Rent
$42/SF
Monthly Rent
$18,155
Lease Type
Direct
Term
Long Term
Possession
Under construction
Condition
New build-out
Full lease analysis →
Notes
The most space for the money on the list: roughly 1,000 RSF above the brief, at the lowest rent per foot, and still under the ceiling. The plan is drawn for thirty (30) to thirty-five (35) people against a team of twenty-one (21) — room to grow into. The floor is under construction, so what is shown is the intended result, and the sixty-day occupancy needs confirming against the schedule.
  • Thirty (30) workstations
  • Three (3) office / meeting rooms and one (1) conference room
  • Three (3) lounges and three (3) phone booths
  • Kitchen and private restrooms
DLS│06

OPTION 01: 213 West 35th Street | Rendered Images

← Executive Summary
Open workstation area
1 / 4
DLS│07

OPTION 02: 363 Seventh Avenue | Location

← Executive Summary
Address
363 Seventh Avenue
Southeast corner of West 30th Street
Submarket
Penn Plaza / Garment
Transit
Subway Lines
28 St (1) — 3 min walk (0.15 mi)
34 St–Penn Station (1 2 3) — 5 min walk (0.25 mi)
34 St–Herald Sq (B D F M N Q R W) — 7 min walk (0.35 mi)
Commuter Rails
Penn Station — LIRR / NJ Transit / Amtrak — 6 min walk (0.3 mi)
PATH — 33rd Street — 8 min walk (0.4 mi)
Neighborhood
The southeast corner of Seventh Avenue and West 30th Street, three blocks south of Penn Station. The 1 train's 28th Street stop is at the corner, Penn Station and Moynihan Train Hall are a seven (7) minute walk, and Herald Square is ten (10). NoMad and Chelsea are each a short walk east and south.
DLS│08

OPTION 02: 363 Seventh Avenue | Building

← Executive Summary
363 Seventh Avenue
Owner
Sioni Group
Year Built
1930
Height
22 Floors
Building RSF
86,500 RSF
Class
Class B
Typical Floor
4,850 SF
Amenities
Brand-new lobby and elevators; three (3) elevators, one (1) of them freight; new oversized windows throughout; 12-foot slab-to-slab. Tenant amenity: Sky Lounge roof deck. Boutique full floors, multi-tenant, 83.0% leased. Sioni Group ownership since February 2025.
DLS│09

OPTION 02: 363 Seventh Avenue | Space

← Executive Summary
363 Seventh Avenue, floor plan (the seventeenth-floor plan; the eleventh shares the floorplate, plan to be confirmed)
Floor / Unit
Entire 11th Floor
Rentable Area
4,850 RSF
Asking Rent
$46.5/SF
Monthly Rent
$18,794
Lease Type
Direct
Term
10 Years
Possession
On substantial completion of landlord's work
Condition
Turn-key build-out
Full lease analysis →
Notes
The building we are pursuing, now on the eleventh floor after the seventeenth was set aside. A boutique full floor delivered as a brand-new turn-key installation per a mutually agreed plan at ownership's cost, with new multi-zoned tenant-controlled VRF heating and cooling. At the term-sheet rent the floor carries at $18,794 per month in year one, before electric and the $1.25 ancillary charge.
  • Entire eleventh floor · 4,850 RSF
  • Turn-key installation per a mutually agreed plan, at ownership's cost
  • Brand-new multi-zoned tenant-controlled VRF heating and cooling
  • Term sheet of September 14, 2026: $46.50 then $49.50 from year six, four months of rent abated, 2.25 percent fixed increases
  • Brand-new lobby and elevators
  • Tenant amenity: Sky Lounge roof deck
  • Freight elevator at no charge for construction, move-in, and the term
DLS│10

OPTION 02: 363 Seventh Avenue | The building installation standard

← Executive Summary
Lounge and workstations
1 / 4
DLS│11

OPTION 02: 363 Seventh Avenue | The open floor, ready for build-out

← Executive Summary
Open floor with new oversized windows
1 / 4
DLS│12

OPTION 02: 363 Seventh Avenue | Elevator lobby and corner light

← Executive Summary
Marble elevator lobby
1 / 4
DLS│13