Real Estate

Bloomberg Extends Headquarters Lease in Manhattan Through 2040

The world headquarters of Bloomberg LP in New York.

Photographer: Daniel Acker/Bloomberg
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Bloomberg LP struck an 11-year lease extension with Alexander’s Inc. for its global headquarters in New York.

The company will continue to occupy all the office space at 731 Lexington Ave., which totals 946,815 square feet (87,962 square meters), according to a statementBloomberg Terminal Monday. The new agreement extends Bloomberg’s lease, which was set to expire in 2029, through 2040.