Fresh Lease Moves New Times Tower Toward Full

The New York Times' new office tower has a new tenant. Jams Inc., an arbitration company with offices at 280 Park Avenue and 45 Broadway, is moving onto the 34th floor at the Times tower at 620 Eighth Avenue, a source tells us. The space is for over 31,000 square feet.

That means the Times tower is inching even closer to full occupancy. The 35^th, 38^th and 44^th floors are the only floors remaining for a direct lease, according to CoStar. Asking rents range from $89 per foot to $97 per foot. The 37^th, 45^th and 46^th floors also remain on the market through subleasing.

The Times moved into the tower two months ago and has been experiencing a series of growing pains – oh, you know, maggots in the ceilings – as they adjust to the new space.  Here’s hoping it works out a little better for Jams.  

Representatives for Forest City Ratner, the tower's developer, did not return calls for comment.