Fanduel Nyc

Posted on by

Fanduel Nyc

FanDuel Group is a New York City based bookmaker and daily fantasy sports provider. Originally founded in 2009, the service is the second largest DFS service in the country, behind DraftKings, based on entry fees and user base. In May 2018, FanDuel agreed to be acquired by Irish bookmaker Paddy Power Betfair (now Flutter Entertainment).

FanDuel, a fantasy sports startup valued at $1.3 billion, is taking the top three floors of Rockrose Development’s 300 Park Avenue South, The Real Deal has learned.

Fresh off a $275 million Series E financing round, FanDuel is upgrading from 9,000 square feet in Union Square to 41,000 square feet in what is shaping up to be Manhattan’s premier district for media and technology startups.

Asking rents at Rockrose’s 14-story,170,000-square-foot property average $80 per square foot. The developer is renovating the rooftop as a building-wide amenity space for screening films and sporting events, according to Ted Traum, director at Rockrose. FanDuel is slated to move in by October.

Fanduel sportsbook nyc

FanDuel, DraftKings and Yahoo shut down their New York operations this past March as part of an agreement with Attorney General Eric Schneiderman, who had accused them of violating state gambling. FanDuel offers a multitude of one-day, weekly and season-long game options for NFL, NBA, MLB, NHL, Golf, WNBA, and the EPL. New users can get a bonus up to $500 with their first deposit. Try daily fantasy sports on FanDuel today! Find complete sports coverage with FanDuel, including game schedules, results, news, & highlights! Fantasy sports startup DraftKings has opted to vacate its new Noho office digs amid controversy, but its primary rival FanDuel is staying put. A spokesperson for FanDuel said the company plans to.

Cushman & Wakefield’s Mikael Nahmias and Hunton & Williams’ Anthony Bonan represented the landlord, while Colliers International’s Robert Kennedy and Mintz & Gold’s Heath Loring represented FanDuel.

Founded in 2009, FanDuel’s investors include KKR, Time Warner Investments, Google Capital and others. In June, its chief rival DraftKings inked a five-year lease for its first New York City office – a 23,500-square-foot spread at 400 Lafayette Street in Noho, as TRD reported.

Fanduel Group Nyc

Tenants at 300 Park Avenue South include public relations firm M. Booth & Associates and talent agency Wilhelmina Models. The property’s ninth and 11th floors are currently available for lease. TAMI tenants in the neighborhood include Business Insider, Hulu, Mashable and MasterCard.

Fanduel Nyc Address

Formerly known as the Mills & Grubb Building, 300 Park Avenue South was built in 1910 as an industrial printing plant. Rockrose, a family-run development firm founded by Henry Elghanayan, bought the parcel in 1999. The firm has been busy developing massive rental towers in Long Island City, having recently secured a $270 million construction loan for 974 apartments planned for 43-25 Hunter Street.