Victoria's Secret Stays in 666 Fifth

Victoria's Secret, lingerie maker to the masses, will remain in 666 Fifth Avenue, the cloud-buster Jared Kushner (owner of The Observer) bought from Tishman Speyer for a record-setting $1.8 billion.

The company renewed its lease for 55,755 square feet, at $92 a square foot, for five more years in the 41-story building, which just got an $18 million renovation that included a fancy new lobby.

CB Richard Ellis's Eric Deutsch, Ken Meyerson, Jason Pollen and Mary Ann Tighe represented the lingerie maker. Greg Conen, of Tishman Speyer Properties, represented the landlord.