Boston Properties’ 510 Madison Avenue continues to receive sky-high asking rents despite dropping its pursuit of LEED for Core and Shell Gold certification from USGBC.
Archive | Leases
The Top 5 Issues For Technology Companies Leasing Office Space in New York City
By Stephen Del Percio on October 17, 2013 in Leases, LEED-CI, Market Analysis, New York City, Transactions
Commercial office leasing is a topic that stands on its own, but there are specific issues that technology companies should consider carefully when leasing office space in New York City. Here are our top five, which cut across green topics in several important ways.
First Dibs: Online Auctioneer Is First Tenant at LEED Gold-Hopeful 51 Astor Place
By Stephen Del Percio on October 10, 2013 in East Village, Leases, LEED-NC, Manhattan, New York City, Transactions
In a deal that seems to portend more leasing activity on the horizon, Edward Minskoff has secured the first tenant for his Fumihiko Maki-designed, LEED Gold-hopeful 51 Astor Place in the East Village.
Big Tower, Small Spaces: 1 WTC to Subdivide 2 Full Floors for 18 Office Tenants
By Stephen Del Percio on September 29, 2013 in 1 World Trade Center, Financial District, Leases, LEED-NC, Manhattan, Market Analysis, New York City, Transactions, World Trade Center
In an effort that could fuel more leasing activity at the LEED Gold-hopeful 1 World Trade Center, the Durst Organization has announced that two full floors of the 104-story tower will be subdivided to accommodate 18 smaller office tenants.
Old is New: Verizon HQ Makes Midtown Move to 1095 Sixth Avenue
By Stephen Del Percio on September 17, 2013 in 1095 Sixth Avenue, Bryant Park, Leases, Manhattan, New York City, Transactions, Tribeca
After nearly 90 years at 140 West Street in one of Manhattan’s most important early skyscrapers, Verizon is relocating its headquarters back to Midtown and 1095 Sixth Avenue, across the street from Bryant Park.
Downtown Download: Data Center Provider Signs Lease at 375 Pearl Street
By Stephen Del Percio on September 12, 2013 in Intellectual Property & Technology, Leases, Manhattan, New York City, Software, Transactions
In an 11,000-square-foot deal for up to 1 megawatt of power, the Fortune 500 data center provider Windstream has signed a 15-year lease at 375 Pearl Street’s Intergate.Manhattan facility.
On West 43rd Street, Tech Firm Quickly Expands at Former New York Times Building
By Stephen Del Percio on August 11, 2013 in Historic Preservation, Leases, Manhattan, Market Analysis, New York City, Times Square, Transactions
In a transaction that highlights the continued attraction of Times Square for tech industry firms, the software company 10gen is already exercising its option to expand at the historic former New York Times headquarters building at 229 West 43rd Street.
Netherlands-Based 3D Printer Doubles Park Avenue South Office Space
By Stephen Del Percio on July 25, 2013 in Intellectual Property & Technology, Leases, Manhattan, New York City, Silicon Alley, Transactions
After moving into New York City at the end of 2012, the 3D printer Shapeways is already expanding, doubling its offices at 419 Park Avenue South in the red-hot Midtown South submarket.
With Term Sheet Signed, Richard Rogers’ LEED Gold 3 WTC Almost Ready to Rise
By Stephen Del Percio on July 11, 2013 in 3 World Trade Center, Leases, LEED-NC, Manhattan, New York City, Transactions, World Trade Center
Thanks to a transaction that will resonate throughout New York City’s commercial real estate – and green building – industries, Silverstein Properties is close to moving forward with construction on the Richard Rogers-designed, LEED Gold-hopeful 3 World Trade Center.
Stream On: Internet Music Providers Ink Major Manhattan Leases
By Stephen Del Percio on July 9, 2013 in Flatiron, Grand Central Station, Leases, Manhattan, Market Analysis, New York City, Transactions
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.
