In what is becoming more than just a trend, another major European tenant has signed a green lease, driven in part by pending legislation in France.
Archive | Leases
In Helsinki, Finnish Real Estate Concern Closes Its First Green Lease
By Stephen Del Percio on June 11, 2013 in Europe, Green Leases, Leases, Market Analysis, Retail, Transactions
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.
770 Broadway Friended: Facebook NYC Expanding at LEED Silver Vornado Tower
By Stephen Del Percio on June 6, 2013 in 770 Broadway, Greenwich Village, Historic Preservation, Leases, LEED-CI, LEED-EB, Manhattan, Market Analysis, New York City, Transactions
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.
Times Square Tech Takeover Continues with New Yahoo! NYC Offices
By Stephen Del Percio on May 28, 2013 in Intellectual Property & Technology, Leases, Manhattan, Market Analysis, New York City, Times Square, Transactions
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.
Connecting with 100K: LinkedIn Continues to Expand at Empire State Building
By Stephen Del Percio on May 8, 2013 in Energy Star, Leases, LEED-EB, Manhattan, Midtown, New York City, Transactions
LinkedIn’s continued and increasing presence at the Empire State Building could have repercussions for technology and media industry tenants that are looking for space throughout the Midtown and Midtown South submarkets.
Midtown South Buzz: Tech Firm Doubles Space in Move to 200 Fifth Avenue
By Stephen Del Percio on May 3, 2013 in Flatiron, Intellectual Property & Technology, Leases, LEED-CS, Manhattan, Market Analysis, New York City, Silicon Alley, Transactions
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.
In Hudson Yards, Major Tenants to Join Coach at LEED Platinum South Office Tower
By Stephen Del Percio on April 24, 2013 in Hudson Yards, Leases, LEED-CS, Manhattan, New York City, Transactions
Two new leases at Hudson Yards have boosted commitments at the project’s first planned office tower to nearly 80 percent.
With REIT Conversion Still Pending, Shutterstock Makes Move to Empire State Building
By Stephen Del Percio on April 2, 2013 in Empire State Building, Leases, Litigation, Manhattan, Midtown, New York City, Transactions
As Malkin Holdings moves forward with its plan to convert ownership in the Empire State Building into a publicly traded REIT, the image licensing company Shutterstock has signed an 80,000-square-foot lease across two entire floors at the iconic tower.
Midtown Double: Office, Retail Leases Finalized at 11 Penn Plaza, 11 Times Square
By Stephen Del Percio on March 26, 2013 in 11 Times Square, Leases, LEED-EB, LEED-NC, Manhattan, Midtown, New York City, Times Square, Transactions
The number 11 office address has been kind to recent commercial leasing activity in Midtown, with major renewal and retail deals finalized at 11 Penn Plaza and 11 Times Square, respectively.
A New Generation: Pepsi’s First Manhattan Office Lease is at 350 Hudson Street
By Stephen Del Percio on March 21, 2013 in Hudson Square, Leases, Manhattan, Market Analysis, New York City, Transactions, Zoning
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.
