Daily business news in New York
NEW YORK — Empire State Realty Trust (ESRT) announced that Swedbank, a Stockholm, Sweden- based banking group, has signed a 7,905 sq ft. lease on the 45th floor at the Empire State Building. ESRT owns and manages the Empire State Building, one of NY’s best known buildings located at 34th Street and Fifth Avenue in Manhattan. “We […]
NEW YORK — Developer SL Green Realty Corp announced that together with its partners, it has entered into a contract to sell 410 Tenth Avenue on the West Side of Manhattan for $952.5 million. The 636,000-square-foot office building is being redeveloped and is anchored by Amazon and First Republic Bank as tenants,. SL Green currently […]
Amazon, one of the world’s top Internet companies, announced plans to create 2,000 jobs at the Lord & Taylor building on Fifth Avenue. Amazon acquired the building this year from WeWork, which was the former flagship store of the Lord & Taylor department store chain. The company plans to open a new 630,000 square foot […]
NEW YORK — Vornado Realty Trust announced that Facebook has leased 730,000 square feet comprising all of the office space at The Farley Building across from Penn Station. Facebook Inc. operates popular social networks Facebook, Instagram and messaging service WhatsApp. The Farley Building is a cornerstone of Vornado’s new PENN DISTRICT, where Vornado owns 10 […]
NEW YORK — The insurance company American International Group (AIG) announced plans to relocate its headquarters in New York City from 175 Water St. in lower Manhattan to 1271 Avenue of the Americas (photo above) in Midtown, where it will occupy 8 floors and 325,000 square feet. The Company will also consolidate its remaining New […]
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 […]