In a show of the continued strength of New York City’s technology industry, two of the web’s streaming music giants have signed leases for major expansions into new Manhattan office space.
The Brooklyn Tech Triangle coalition is making a push for major development and infrastructure changes to downtown Brooklyn in order to help grow the borough’s booming technology industry.
Some persisting trends in commercial leasing abroad could suggest how future green leasing markets in North America might look if data-driven regulatory activity increases at the state and local levels.
Facebook’s 100,000-square-foot lease at the LEED-EB: OM Silver 770 Broadway is the latest in a string of technology industry transactions, not all of which have closed in the ballyhooed Silicon Alley submarket.
87 percent of the leasing transactions in the Times Square submarket over the past 18 months have been tech deals. Now Yahoo! is about to join the fray.
1 World Trade Center is topped out at its patriotic final height of 1776 feet. But there’s still work to be done as the tower remains at 55 percent occupancy.
Two mid-sized commercial office buildings in Midtown recently earned LEED-EB certification, pushing New York City’s total -EB count to 44 properties.
BuzzFeed is doubling its office footprint in Midtown South by subleasing nearly 58,000 square feet from Tiffany at the LEED for Core and Shell Gold-certified 200 Fifth Avenue.
It’s a new generation – of both Pepsi drinkers and for the newly rezoned Hudson Square submarket, where PepsiCo’s first Manhattan offices will be located by the end of the year after the company’s recent lease at 350 Hudson Street.
The 40-story, 1.1 million-square-foot 11 Times Square – certified LEED for Core and Shell Gold – has leased 70 percent of its office space and all of its retail space after four recent deals totaling 75,000 square feet.