Commentary

Publicis New York to Stay in Business Until at Least 2031

Well, that's if they last as long as their lease at 1675 Broadway at West 52nd, which the agency just re-signed. The agency is adding 100,000 square feet to its already large 480,000-square-foot lease in the building.

Publicis currently occupies the 2nd through the 16th floors of the building -- occupied mostly by Starcom MediaVest Group -- and the 28th through the 30th floors -- occupied by Publicis/KTG. The extra 100,000 square feet will be on the 24th through the 27th floors where Publicis Worldwide North America will call home. That agency is moving from its current location at 950 Avenue of the Americas.

Publicis has been in the building since it acquired D'Arcy Masius Benton & Bowles, which was headquartered there.

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