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Empire State Building Signs 100,000 Square Feet of Leases

NEW YORK — Empire State Realty Trust announced it signed new leases for approximately 100,000 square feet at the Empire State Building (ESB) in late 2022 and early 2023. In January, a North American engineering firm leased 65,000 square feet for 16 years, and OFS Brands and Resolution Life, Inc. signed leases for a combined […]

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SL Green Celebrates Topping Out of One Madison Avenue

NEW YORK — SL Green Realty, New York City’s largest office landlord, together with its joint venture partners including the National Pension Service of Korea and Hines, recently celebrated the topping out of its upcoming One Madison Avenue office tower, located at the corner of 23rd Street and Madison Avenue. With construction managed by AECOM […]

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Allied Universal Expands to 30,000 Square Foot Space at 501 Seventh Avenue

NEW YORK— Empire State Realty Trust, Inc. announced that Allied Universal has expanded and relocated from a 12,000 square foot space at ESRT’s One Grand Central Place to a 30,000 square foot space at 501 Seventh Avenue. Allied Universal is a leading provider of security services and solutions. Located adjacent to Penn District’s new developments with convenient access […]

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iCapital Adds 60,000 Square Feet at One Grand Central

NEW YORK — Empire State Realty Trust, Inc. announced that iCapital will increase its office space with ESRT for an additional two full floors which total 59,228 square feet in its fourth expansion at One Grand Central Place, for a total of 141,224 square feet across six full floors in a long term lease. iCapital is a leading global […]

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Pandora Opening Corporate Hub in NY

Jewelry maker Pandora announced that the company will open an office in New York in September 2022 for its U.S. hub. Located in Manhattan, the new hub will deploy as a temporary space this fall, followed by a permanent space in the summer of 2023. The office will support approximately 150 full-time corporate employees. A […]

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Survey Finds 80% of NYC Companies See Hybrid Work Model

The Partnership for New York City has surveyed more than 160 major employers in NY between April 21 and May 4, 2022, to gauge the status of return to office among Manhattan’s one million office workers and the implications for the future of the Manhattan central business districts. As of mid-April 2022, 38% of Manhattan […]

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HSBC to Move US Headquarters to Spiral Tower

NEW YORK — HSBC Bank  announced that the bank will relocate its US headquarters to The Spiral, Tishman Speyer’s 65-story office tower that is nearing completion at 66 Hudson Boulevard in Midtown West neighborhood of Manhattan. HSBC will move to 265,000 square feet in the new tower. HSBC will occupy three of The Spiral’s podium […]

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Signature Bank Adds More Space at 1400 Broadway

NEW YORK – Empire State Realty Trust, Inc. announced that Signature Bank, a New York-based full-service commercial bank, has expanded its footprint at 1400 Broadway for the third time. Signature has taken another full, 32,927 square feet for a total of 313,109 square feet. In January 2022, ESRT announced that Signature expanded by 168,310 square feet to over 280,000 […]

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American Equity, Baird Sign Leases at 1155 Avenue of the Americas

The Durst Organization announced that American Equity Investment Life has signed a 10-year lease for 17,246 square feet on the 35th floor of its office building at 1155 Avenue of the Americas. The life insurance company, which specializes in the sale of fixed index and fixed rate annuities, is headquartered in West Des Moines, IA, […]

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CIM Group Signs Two Leases at 1440 Broadway

NEW YORK — Real estate company CIM Group has signed two leases totaling 70,000 square feet of space at 1440 Broadway, a 25-story, 745,000-square-foot office building anchoring the corner of Broadway and 40th Street between Manhattan’s Bryant Park and Times Square. Land’n Sea, a designer, manufacturer, and distributor of wearing apparel, will occupy 33,819 square […]

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SL Green Says One Vanderbilt Now 95% Leased

NEW YORK — SL Green Realty Corp. announced that it signed leases totaling 573,806 square feet during the fourth quarter of 2021, bringing the total volume of leases signed in 2021 to 1,929,714 square feet, well in excess of the Company’s initial projections of 1,300,000 square feet. New leases at SL Green’s skyscraper next to […]

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Study Finds Remote Work Here to Stay in NYC

Manhattan office buildings continue to remain nowhere near capacity and will likely stay that way according to a new study. The Partnership for New York City surveyed major employers between January 10 and January 18, 2022, to gauge the impact of the omicron variant on the pace of return to office among New York City […]

News Offices Real Estate

Bloomberg Expands Lease at 919 Third Avenue

NEW YORK — Financial data and media firm Bloomberg LP  has signed a 191,207 square foot expansion lease at 919 Third Avenue (Photo above) covering the entire 28th through 33rd floors. This expansion increases Bloomberg’s commitment at 919 Third Avenue to 748,415 square feet. 919 Third Avenue is owned by developer SL Green. Designed by […]

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Davidson Law Firm Extends Lease at One Grand Central Place

NEW YORK — Empire State Realty Trust announced that Davidson, Dawson, & Clark, LLP, a Trusts and Estates law firm in New York City, has renewed their lease at One Grand Central Place. The lease for the 12,715-square-foot unit has been extended for 11 years. “Our valuable relationship with ESRT was one component in our […]

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UIPath Signs New Lease at One Vanderbilt

NEW YORK — SL Green Realty Corp. announced that enterprise automation software company, UiPath has signed a 15-year, 26,363-square-foot lease at One Vanderbilt Avenue covering the entire 60th floor. The One Vanderbilt tower opened last year next to Grand Central Terminal and is over 91% leased. “We’re delighted to welcome UiPath to One Vanderbilt Avenue,” […]