UPDATE 1-BlackRock to pay $1.25 bln over 20 years for New York headquarters
May 25, 2017 at 14:25 PM EDT
NEW YORK, May 25 (Reuters) - BlackRock Inc will initially pay about $60 per square foot in rent for its future headquarters in the Hudson Yards district on the far west side of midtown Manhattan, the company said in a filing on Thursday.