Is a recent deal at the renovated – but not LEED-certified – 1095 Avenue of the Americas a harbinger of more good news to follow at the other end of the 42nd Street corridor for the LEED Gold-hopeful 11 Times Square?
Tag Archives | CB Richard Ellis
In a 7-year, $75/sf deal, an equity and derivatives trading firm has leased the last available prebuilt office space at the LEED Gold-certified 7 World Trade Center in lower Manhattan.
Asking rents may be holding steady in the low triple digits, but tenants continue to take a closer look at the LEED Gold-hopeful 11 Times Square.
Two new deals have closed for a total of 6500 square feet across the tower’s speculative upper floors.
It’s anecdotal, of course, with respect to whether the tower’s energy-efficient renovations had anything to do with it, but a hedge fund’s recent 5-year, 12,000-square-foot lease on the 24th floor of 1095 Sixth Avenue could bode well for improving commercial real estate conditions across New York City – whether green or not.
The LEED-CS Gold-hopeful 545 Madison Avenue is making news after signing a major retail tenant to a 7000-square-foot lease.
The advertising firm Saatchi & Saatchi has renewed its 819,000-square-foot lease at Tishman Speyer’s Energy Star-labeled 375 Hudson Street in lower Manhattan.
Ogilvy has signed a lease to occupy the entire Auerbach Chocolate Factory at 11th Avenue and West 46th Street, which Gensler will assist it in rehabbing to LEED specifications.