NEW YORK—CVS Caremark has signed a new, 15-year lease to occupy 21,159 sq. ft. of space at 3 Columbus Circle. The tenant will occupy the portion of the ground floor that is currently vacant, as well as a portion of the second floor.
Jason Pruger, Newmark Grubb Knight Frank represented CVS in the transaction, while Jeff Winick of Winick Realty Group acted on behalf of the landlord, a partnership between SL Green Realty Corp. and The Moinian Group.
Previously known as 1775 Broadway, 3 Columbus Circle contains 768,565 sq. ft. of office space and occupies the entire block between Broadway and Eighth Avenue. The 26-story property was recently redeveloped to include a new glass façade, relocated and expanded lobby, new elevators, bathrooms and security upgrades. Young & Rubicam is the property’s anchor office tenant.