Two new deals have closed for a total of 6500 square feet across the tower’s speculative upper floors.
Tag Archives | green commercial office space
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.
Nine of the 50 largest Manhattan office leases signed in 2007 were for space in buildings pursuing (or, as it were, not pursuing) LEED certification, which suggests some interesting points about New York City’s green real estate market.
A recent report out of the University of San Diego has ranked U.S. cities by total square footage of LEED- or Energy Star-rated office space, and New York City has finished third.