A real estate investment bank has subleased 18,000 square feet of office space at Boston Properties’ LEED-EB Gold-hopeful 599 Lexington Avenue in Midtown.
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A sublease at the New York Times Tower on 8th Avenue suggests some important points about the local commercial real estate market.
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.
The Monaco real estate developer M1 has purchased the historic Argonaut Building in Midtown and will pursue a LEED rating as it transforms the property into a modern Class A office building.
Vornado’s bold new Harlem Tower project is closer to moving forward after the developer agreed to a lease with Major League Baseball’s television network for over 100,000 square feet of space at the 600,000-square-foot, 21-story tower.
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.
Larry Silverstein has inked another tenant for his LEED Gold 7 World Trade Center tower; only 444,000 square feet remain at the 1.7 million-square-foot, 52-story building.