The satellite radio provider SiriusXM recently renewed its 130,000-square-foot lease on the 19th, 36th, and 37th floors of 1221 Avenue of the Americas (the McGraw-Hill Building), where its headquarters and broadcasting facility are located. (In a separate, but simultaneous, deal, SiriusXM also renewed an 85,000-square-foot lease on the 11th and 22nd floors of Five Penn Plaza). Asking rents for the Penn Plaza space were in the high $40s per square foot; those at 1221 were higher, but not disclosed. Each building has a rooftop antenna that permits SiriusXM to send its programming signals into space.
Originally designed by Harrison & Abramowitz & Harris as the “Y” building in the “XYZ” expansion of Rockefeller Center in the 1960s, the 51-story 1221 Avenue of the Americas is Certified under LEED for Existing Buildings, Version 2.0. You may recall that, next door, the 45-story, 1.2 million-square-foot 1211 Avenue of the Americas (the “X” building) is the largest commercial office building certified to date under LEED for Existing Buildings.