Offices Real Estate

Related Buys WarnerMedia Office Space for $2.2 Billion

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 […]

Offices Real Estate

Hudson River Trading Moving to 3 WTC

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 […]

Offices Real Estate

WeWork Changes Name to We Company

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 […]

Offices Real Estate

Columbia Property Leases 149 Madison Ave. to WeWork

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 […]

Offices

LinkedIn Expands at Empire State Building

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, […]

Media Offices

Discovery to Move HQ to 230 Park Avenue

NEW YORK — Discovery, operator of cable networks Discovery Channel, HGTV, Food Network, TLC and more, has selected 230 Park Avenue South in New York’s Flatiron district as the location for its new global headquarters. Announced earlier this year, the company is moving its headquarters from Maryland to the Big Apple to be closer to advertising […]

Offices Real Estate

Midtown Tower Sold for $332.5 Million

NEW YORK — Columbia Property Trust has sold a 25-story office tower at 222 East 41st Street in Midtown Manhattan to Commerz Real, the real assets investment manager of German Commerzbank, for a gross sales price of $332.5 million. The 390,000-square-foot Midtown East tower had been essentially fully occupied by one tenant since 2007, in […]

Offices

Nespresso Signs Full-Floor Lease at 111 W. 33rd St.

NEW YORK – Empire State Realty Trust (ESRT) has signed a 41,800 sq. ft. full-floor office lease with Nestlé’s Nespresso at 111 West 33rd Street. The 26-floor building is located at Herald Square between 6th and 7th Avenues. Office tenants include Macy’s and Empire State Realty Trust’s corporate headquarters. “Nespresso’s new 5th floor home will […]