Aug 19 2022


New York, NY – GDS Development Management (GDSNY) and Corem of Sweden announced today that they have signed a long-term lease at 1245 Broadway with 101 Studios, an award-winning global entertainment company. 101 Studios has taken 8,300 square feet of office space over a full tower floor.

1245 Broadway is a 23-story class-A office building at the corner of 31st Street and Broadway, in NoMAD, one of New York City’s most dynamic neighborhoods. Designed by Skidmore, Owings & Merrill, the building features architectural cast-in-place concrete, large triple-glazed windows, a private club, F&B catering to tenant floors, and panoramic views of the city. The building will be LEED-Gold certified and offers the very latest in touchless technology and air quality.

“We are very pleased to announce the lease with 101 Studios at 1245 Broadway. We continue to see a recovery for new premium office buildings in New York,” says Eva Landén, Corem’s CEO.

“We are excited to welcome 101 Studios to 1245 Broadway,” says Michael Kirchmann, CEO of GDSNY. “101 Studios represents the highest caliber of talent, creativity, innovation and integrity in their industry. GDSNY are proud to welcome today’s best-in-class creative companies to 1245 Broadway.”

GDSNY and Corem were represented by Paul Amrich and Neil King of CBRE. Lee Polster of EOP Realty represented 101 Studios.

About 101 Studios

101 Studios is a global entertainment company dedicated to the acquisition, financing, development, production, and distribution of high-caliber, creator-driven storytelling. Founded by David C. Glasser (Chief Executive Officer) and David Hutkin (Chief Operating Officer), the studio empowers content creators through first-class collaboration and innovation.

In TV, 101 produces cable’s biggest series, Taylor Sheridan’s “Yellowstone” (Paramount Network), starring Kevin Costner, and Sheridan’s upcoming series “Mayor of Kingstown,” starring Jeremy Renner. Past film releases include Alfonso Gomez Rejon’s “The Current War: Director’s Cut,” starring Benedict Cumberbatch, the Sundance Audience Award winner “Burden,” featuring Forest Whitaker, and the family comedy box office topper “The War With Grandpa,” with Robert DeNiro.

101 also oversees and manages the newly formed Sports Illustrated Studios, a content platform based on the biggest and most compelling stories, characters, and moments in sports.