From its new 16th-floor offices, Six Flags has an unobstructed view all the way up the whirlwind, roller-coaster ride of Park Avenue. The theme park behemoth, which has been having some great adventures of its own in bankruptcy court, signed a 10-year lease at 230 Park Avenue. The asking rent was about $50 a square foot, according to Crain's.

With parks from Kentucky to Dubai, the company may be signaling with its new headquarters a global expansion intended to save the flailing brand. After signing a financing agreement with a Bahrain-based investment bank, Six Flags recently announced plans to market its brand in China....

http://www.observer.com/2010/commercial-observer/six-flags%E2%80%99-roller-coaster-views-10-year-lease-monday%E2%80%99s-230-park

"The Six Flags Lease shows the value in an exceptional building"

More like "Shows that Six Flags, despite still struggling, doesn't mind spending a VERY pretty penny on items of luxury."

Actually, this site is a huge cost cutting move from their former Times Square headquarters. A 16th floor Park Avenue office is hardly that wonderful in New York City...

Then again, why be in New York City at all? Many of the parks have areas where offices could be built for far less...such as the 2000 acre Great Adventure park.

Still, many business people expect to do business with people in New York City, not in Grand Prairie, Texas (where Gary Story's Six Flags had an office) or Sandusky, Ohio (where Mr. Kinzel lives in a parking lot)...

At one point in time, Coney Island`s administrative offices were actually located in downtown Cincinnati, and NOT at the park. But keep in mind that in those days, the Island Queen departed from the public landing at the southern edge of the central business district and headed up river to Coney Island. So their offices weren`t completely disconnected from their operation.

^^Wow, I had no idea about the Times Square office.. I retract my previous statement

I thought Kinzel's office was at TGI Fridays!!

Maybe that's his backup office in case his real office is too crowded or has a lot of people. Oh, wait...

$50 a sq ft is not expensive for NYC. My retail shop in Columbus is $15 a sq ft. I have a friend in San Diego that was paying $70 a sq ft for his retail space.