Facebook’s 100,000-square-foot lease at Vornado’s LEED Silver 770 Broadway is the latest in a string of technology industry transactions, not all of which have closed in the ballyhooed Silicon Alley submarket.
Edward Minskoff’s Fumihiko Maki-designed 51 Astor Place is close to landing its first tenant: Hult International Business school is in discussions to lease the entire second floor of the 12-story, 400,000-square-foot tower in what would be a 55,000-square-foot deal mandated by the site’s zoning requirements.
The 10-story, 100,000-square-foot former home of the National Audubon Society, which dates from 1891 and – for several reasons – is considered Manhattan’s first green building, recently traded hands for $70 million.