Ad network DoubleClick Inc. will move to another New York City location in a$67 million real estate transaction that includes as much as $4 million in taxbreaks and other incentives, according to published reports.
Ad network DoubleClick Inc. will move to another New York City location in a $67 million real estate transaction that includes as much as $4 million in tax breaks and other incentives, according to published reports.
The New York Daily News said that DoubleClick will move from two locations in the financial district to 450 West 33rd St., where it will lease space from John Hancock Mutual Life Insurance Co. The report said it was the largest ever incentive deal for a new media company in Manhattan.
The company will get $1 million in city and state incentives if it maintains its current staff of 260 during its 15- year lease, plus as much as $3 million more if it adds at least 704 more jobs, the newspaper said.
More about:
Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...
View resourceThe Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to succ...
View resourceMaking forecasts and predictions in such a rapidly changing marketing ecosystem is a challenge. Yet, as concerns grow around a looming recession and b...
View resourceEight fresh launches this week — spanning viral food mash-ups, brand reinventions, and nostalgia-fueled creative. Read More...
View articleA J.Crew storefront sign in New York City. From Ivy League Catalogs to Chapter 11 A Preppy Phenomenon Is Born J.Crew launche...
View articleAs healthcare apparel evolves beyond basic uniforms to premium lifestyle products, FIGS leads with purpose-driven branding and global ambitions—but me...
View articleRetailers are building media empires, creators are becoming sales channels, and brands that connect the two are redefining how products get discovered...
View articleA Holistic Approach to Measuring DTC Success Beyond Amazon Read More...
View articleAdobe’s 2024 results showcase the power of subscriptions, but the model’s challenges are prompting businesses to rethink how they deliver value and re...
View articleEven retail giant Amazon needs a little Hollywood magic during the holiday season. Read More...
View articleCannes Lions, where the advertising world's most daring minds gather to redefine the rules of engagement. This year, a new creative order has emerged,...
View article
Leave a Reply
You must be logged in to post a comment.