Monday, December 23, 2024

Entire Nielsen building available for lease

By Mark Frost, Chronicle Editor

Have you ever wondered, seeing the mostly empty parking lot outside the Nielsen building at 40 Media Drive just east of Northway Exit 18, if at some point, it would come up for sale or lease?

I have and it has.

An AVAILABLE sign went up out front.

Cushman & Wakefield/Pyramid Company in Albany has the listing. They had not returned a call by press time.

“Entire 66,008 SF Class A office building available for lease,” says the listing posted on the Internet.

“Excellent location off Exit 18 of the Adirondack Northway (I-87). Situated on 6.86 acres with 425 private parking spaces. Monument and building signage is available.”

No lease rate was cited in the listing.

Built by the Tribune company, it was the headquarters for the TV listings and data business that was pioneered by Jim West and Ted Zoli in Glens Falls/Queensbury. It continues under successor owners as a significant local employer.

When Covid struck, most staff shifted to working remotely — and have never returned to the office.

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