In an effort that could fuel more leasing activity at the LEED Gold-hopeful 1 World Trade Center, the Durst Organization has announced that two full floors of the 104-story tower will be subdivided to accommodate 18 smaller office tenants.
After nearly 90 years at 140 West Street in one of Manhattan’s most important early skyscrapers, Verizon is relocating its headquarters back to Midtown and 1095 Sixth Avenue, across the street from Bryant Park.
In an 11,000-square-foot deal for up to 1 megawatt of power, the Fortune 500 data center provider Windstream has signed a 15-year lease at 375 Pearl Street’s Intergate.Manhattan facility.
In a transaction that highlights the continued attraction of Times Square for tech industry firms, the software company 10gen is already exercising its option to expand at the historic former New York Times headquarters building at 229 West 43rd Street.
After moving into New York City at the end of 2012, the 3D printer Shapeways is already expanding, doubling its offices at 419 Park Avenue South in the red-hot Midtown South submarket.
Thanks to a transaction that will resonate throughout New York City’s commercial real estate – and green building – industries, Silverstein Properties is close to moving forward with construction on the Richard Rogers-designed, LEED Gold-hopeful 3 World Trade Center.
In a show of the continued strength of New York City’s technology industry, two of the web’s streaming music giants have signed leases for major expansions into new Manhattan office space.
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.
87 percent of the leasing transactions in the Times Square submarket over the past 18 months have been tech deals. Now Yahoo! is about to join the fray.
1 World Trade Center is topped out at its patriotic final height of 1776 feet. But there’s still work to be done as the tower remains at 55 percent occupancy.