Daily business news in New York
NEW YORK– Empire State Realty Trust, Inc. (ESRT) announced that Concord Music Group, Inc. — a leader in the development, management, and acquisition of sound recordings, music publishing, and theatrical performance rights — has signed a long-term lease for 46,329 square feet of office space at its building on 250 West 57th Street in midtown […]
Amazon, one of the nation’s largest Internet companies, has signed a new lease for 335,000 square feet of office space with SL Green at 410 Tenth Avenue. Earlier this year, Amazon pulled out of a deal to build a second company headquarters in Long Island CIty due to political and residential opposition. Amazon is the […]
Facebook, which operates the world’s largest social network, has signed a mega lease with Related Companies and Oxford Properties for over 1.5 million square feet of office space at its sprawling Hudson Yards complex on the East Side of Manhattan. The leasing deal is one of the largest ever for Manhattan offfice space and covers […]
NEW YORK – Empire State Realty Trust announced that business networking site LinkedIn has signed its eighth expansion lease at the Empire State Building, adding three and a half floors and 188,653 square feet to its current campus. Since 2011, LinkedIn has grown to 501,600 square feet in total at the Empire State Building. The […]
Digital media company AccuWeather is planning an expansion and relocation of its offices in New York City from Rockefeller Center to Lower Manhattan’s financial district. The offices are located at 7 World Trade Center (WTC), 250 Greenwich Street, on the 32nd floor and represent nearly a doubling of the space AccuWeather formerly occupied in Rockefeller […]
Related Companies is purchasing 1.5 million square feet of office space owned by WarnerMedia at 30 Hudson Yards for $2.2 billion. An affiliate of Related Companies, the developer of Hudson Yards, has entered into a contract to purchase WarnerMedia’s approximately 1.5 million square foot office. WarnerMedia is the former Time Warner before it was acquired […]
NEW YORK – Hudson River Trading is moving from 4 World Trade Center to new space at 3 World Trade Center, which opened last June. Silverstein Properties Chairman Larry Silverstein announced HRT has signed a lease with Hudson River Trading (HRT) for 136,000 square feet of office space at 3 WTC. Founded in 2002, HRT […]
NEW YORK — WeWork, the largest private office tenant in New York City, is changing its name to The We Company. The We Company encompasses three different business lines: WeWork, WeLive, and WeGrow. WeWork develops flexible office space in major cities; WeLive offers furnished, flexible apartments; and WeGrow offers education for students. The new We […]
Photo: WeWork is leasing 115,000 square feet of space at 149 Madison Ave. NEW YORK — Columbia Property Trust, Inc. has signed a 115,000-square-foot, long-term lease with WeWork, the world’s leading shared office space provider, for the entire office portion of 149 Madison Avenue, Columbia’s 12-story Midtown South building. WeWork has recently become the largest […]
Empire State Realty Trust, owner of the Empire State Building, announced that online networking site LinkedIn has signed its sixth expansion lease for an additional 30,165 square feet on the 27th floor at the midtown skyscraper. LinkedIn has grown to 312,947 square feet in total – occupying floors 3, 22, 23, 24, 25, 26, 27, […]